The Three-Year Rural Insurance Plan (PTSR), for the period from 2022 to 2024, was approved by the Interministerial Rural Insurance Steering Committee (CGSR). The details are contained in Resolution No. 83, published in the Official Gazette of the Union this Wednesday (23/06).
The document contains updates on the rural insurance premium subsidy percentages, the annual financial limits per beneficiary and the general technical guidelines for implementing the Rural Insurance Premium Subsidy Program (PSR) for the next three years. "The adjustment to the rules will help to facilitate the understanding of the PSR by producers and other agents that operate the insurance", highlights the Secretary of Agricultural Policy at the Ministry of Agriculture, Livestock and Supply (Mapa), César Halum.
The premium subsidy percentage, which in the current rule can be 20%, 25%, 30%, 35% or 40%, depending on the modality, culture and type of coverage contracted, will be 20% or 40%. According to the new rules, all modalities and crops will have a fixed percentage of 40%, except for soybean crops and parametric insurance, which will maintain a fixed percentage of 20%, as is already the case in the current rule.
“We analyzed several demands sent by entities that represent rural producers and we consider that this simplified model meets the desires of the productive sector. In practice, we increased the subsidy percentage for several crops to 40%, such as summer corn”, highlights the director of Mapa's Risk Management Department, Pedro Loyola.
Regarding the annual financial limit per beneficiary, from next year the parameter will be by group of activities and no longer by modality, this will make it possible to expand the possibilities of contracting in the PSR. “A producer who takes out insurance for a grain crop will have a limit and if he wants to take out insurance for a sugarcane crop, for example, he will have another limit to be observed. This will allow hiring to not be concentrated in a few crops as is currently the case, thus contributing to the development of insurance in various agricultural sectors”, explained Loyola.
Another novelty was the increase in the limit value per group, which went from R$48 thousand to R$60 thousand, including forests, livestock and aquaculture, whose limit went from R$24 thousand to R$60 thousand. The total annual limit was not changed, remaining at R$120 per beneficiary. “With this increase in the limit, we are also responding to a request from the production sector, considering that the prices of the main products, such as soybeans and corn, have seen significant increases in recent months, which was reflected in the final price of the insurance (premium ) and consequently in the average amount subsidized by the Government”, added Loyola.
Producers interested in taking out rural insurance should look for a broker or financial institution that sells rural insurance policies. Currently, 15 insurance companies are authorized to operate in the PSR. The economic subsidy granted by the Ministry of Agriculture can be requested by any individual or legal entity that cultivates or produces species covered by the Program.
For more information about PSR, download the app. Just log in to Android and para IOS.
Receive the latest agriculture news by email
Receive the latest agriculture news by email
