Policy snapshot
Covers fish farmers from financial loss due to mortality of fish stock caused by diseases, pollution, oxygen depletion, or natural calamities.
What is Fishery Insurance?
Fishery Insurance protects aquaculture farmers from stock loss due to disease, weather, or water contamination. It’s a must for India’s growing blue economy.
What can it cover?
- The policy covers financial loss from mass mortality of fish caused by disease outbreaks, pollution, water quality changes, floods, or oxygen depletion. Add-ons may include tank infrastructure damage or transportation losses for fingerlings or fish stock.
Who should consider it?
- Inland fish farmers, hatchery operators, shrimp exporters, Marine aquaculture units, cooperative fisheries, Blue economy entrepreneurs and integrated farms.
Key features to understand
- Available for freshwater, marine, and ornamental fish
- Covers stock loss during cultivation and transportation
- Subsidized under fisheries welfare schemes
- Can include pond/tank infrastructure insurance
What deserves attention before you buy?
Coverage, exclusions, sub-limits, deductibles, waiting periods, warranties and underwriting can vary between insurers and policy versions. The policy wording and schedule remain the definitive contract. Novo can help you review the relevant terms for your requirement.
Read the wording, not just the brochure
The schedule and policy wording determine the actual contract.
Compare meaningful differences
Look at exclusions, limits, deductibles, conditions and claim requirements—not premium alone.
Think beyond purchase
Servicing and claims-related support can matter as much as placement.