Weather Insurance


Agriculture provides livelihood to majority of Indian population. So it is significantly the most dominant sector in India. Being demographically the broadest sector in India, it’s also highly dependent on weather conditions to keep serving as socio-economic fabric to Indian economy, with major area under cultivation being rain-fed and the changing weather trend, Agricultural output is also highly risk prone and any adverse effect on Agriculture will have a direct impact on economy.

HDFC ERGO offers a comprehensive Weather Insurance Policy to deal with such adversely changing climatic trends. This a index based product that covers the losses to the crop occurring due to varying weather conditions such as temperature, wind speed, rainfall, humidity etc.

Who can take this policy?

  • Farmers
  • Banks
  • Financial institutions / companies extending credit facility for agricultural/ non agricultural seasonal operations, whose repayments are affected by weather conditions
  • What is covered under this policy?
  • Policy covers
  • Cost of input - Covers the diminished agricultural output/yield resulting due to deviation from optimum weather requirement of a crop within a specific geo graphical location and specified time period
  • Increased operational costs of agricultural or non-agricultural economic activity resulting from deviation of Observed Weather index from Strike index
  • Premium chargeable depends on various factors such as the type of crop, location, historical weather data, cost of cultivation in the specified area and the acreage under cultivation

HDFC ERGO shall not be liable to make any payment under the policy:

  • Ionizing radiations or contaminations by radioactivity from any nuclear waste from the combustion of nuclear fuel
  • The radioactive, toxic, explosive or other hazardous properties of any explosive nuclear assembly or nuclear components
  • Acts of Terrorism Loss or damage, cost or expenses of whatsoever nature directly or indirectly caused by, resulting from or in connection with any action taken in controlling, preventing, suppressing or in any way relating to such action taken in respect of any act of terrorism shall be excluded
  • War, war-like operations, act of foreign enemy, invasion of Indian territory or any part thereof, hostilities, civil war, rebellion, revolution, insurrection, civil commotion, military or usurped power, or loot or pillage in connection with the foregoing, seizure, capture, confiscation, arrests, restraints and detainment by order of any governments or any other authority
  • Any manmade activities such as but not limited to riot, strike, malicious acts, pollution contamination, outside of and other than natural weather conditions which results in a material deviation in the Observed Weather Index.

This is a brief description of Exclusions. For detailed list, kindly contact our toll free call centre for full policy wordings

*This content is descriptive only. Actual coverage is subject to the language of the policies as issued.

Documents required:

  • Land record document (for the standing crop against which insurance is taken)
  • Photo ID proof

Claims shall be assessed and paid on the basis of the documents submitted to the Company. In the event that, in the specific geographical location and during the time period specified in the Schedule to this policy, the Actual Total Index for the covered parameter deviates from the predefined Index as per the product.

The weather data will be procured by the company from authorized weather data agency after completion of policy period for claim settlement. The compensation is payable only as per the compensation payment formula mentioned in the policy schedule and the compensation amounts shall be calculated by the company and accordingly paid to the Insured / beneficiary as per the policy terms and conditions

In case of claim under this policy, please contact HDFC ERGO General Insurance Company Limited on Toll free no: 1800-2-700-700 (Accessible from India only)

Or write a letter to Claim Manager 6th floor, Leela Business Park, Andheri Kurla Road, Andheri (East), Mumbai, Pin- 400059