Seguro Agrario Universal "Pachamama"

About the program

As the title implies, it is insurance that provides access to risk transfer mechanisms for the farmers of the Plurinational State of Bolivia. Its implementation began in 2012 by the National Institute of Agricultural Insurance.

Country Bolivia
Home 2012
Classification Financing and credit
FNS Dimension Disponibilidad
Website http://www.insa.gob.bo
Objectives

Objective

Ensure agricultural production affected by damage caused by adverse weather events and natural disasters.

Components and/or products

Agricultural Insurance: Ensures agricultural production affected by damage caused by adverse weather events and natural disasters, pests and diseases. Access to this insurance is implemented in the 63 poorest municipalities of the country.

Subsidy for the insurance premium: The premium subsidy can be covered in its entirety, in the case of the poorest producers, in order to access cover losses arising from damage caused by climatic and natural adverse phenomena, pests and diseases.

Target population
  1. The indigenous and aboriginal farming communities, intercultural and Afro-Bolivian communities with collective production.
  2. The original indigenous families intercultural and Afro-Bolivian peasants with individual production.
  3. Agricultural producers which can be individuals and collectives.
Scope

Otro

The 63 poorest municipalities in the country: 17 municipalities in Chuquisaca, 17 in Cochabamba, 14 from Potosí, 10 from La Paz, 3 from Santa Cruz and 2 from Oruro.

Geographical coverage Rural
Responsible organism

Instituto del Seguro Agrario

It is the operative and legislative body of the Universal Agricultural Insurance "Pachamama", with jurisdiction throughout the entire territory of the Plurinational State of Bolivia.

Executing organism Instituto del Seguro Agrario
Related institutions Ministerio de Economía y Finanzas Publicas
Normative framework

Ley 144 Ley de la Revolución Productiva Comunitaria Agropecuaria, 2001.

Financial sources

General Treasury of the Nation