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      Question

      Which insurance company among the options has introduced

      a unique satellite index-based Farm Yield Insurance Policy?
      A ICICI Lombard Correct Answer Incorrect Answer
      B HDFC ERGO Correct Answer Incorrect Answer
      C TATA AIG Correct Answer Incorrect Answer
      D United India Insurance Correct Answer Incorrect Answer
      E Life Insurance Corporation of India Correct Answer Incorrect Answer

      Solution

      HDFC ERGO has launched a first-of-its-kind satellite index-based Farm Yield Insurance Policy for farmers. The satellite-based index will be used to provide localized farm level coverage and it will provide comprehensive cover across the crop life cycle from sowing to harvesting, basis satellite-based data.

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