Firm Introduces Insurance Policy For Poultry Farmers

Grand Cereals Limited, a Jos- based feed Mill Company, last Thursday said it has introduced an insurance policy for Plateau State poultry and fish farmers, as a cover for their investment against any disaster.

The Supply Chain Manager of the company, Mr George Idiaghe who made this known to newsmen in Jos on Thursday, said the policy was to secure farmers’ investment.

Idiaghe explained that the policy would check the prevalence of birds and fingerlings’ mortality seriously affecting the farmers, to enable them recuperate and salvage their investment.

‘’As a stakeholder in the poultry and fishery business, it was paramount that the company step in and assist the farmers to keep them in business and sustain market for our feeds.

‘’To achieve this, Grand Cereals in collaboration with the Nigeria Agricultural Insurance Corporation (NAIC), designed an insurance policy that is at a zero cost to the farmers.

‘’The farmers take the insurance for their layer birds or fingerlings and will pay the premium, offer free technical services and monitor the farm.

‘’Should anything go wrong, the insurance company will pay whatever damages and loss a farmer must have incurred.’’

The manager, however, listed three conditions a farmer must comply with before benefiting from the policy.

‘’First, a poultry farmer must have a minimum of 5,000 layers birds and must be consistently on vital feed, the company’s poultry feed brand.

‘’For the fish farmer, he must stock at least 1,000 numbers of fish of either Tilapia or clarias or both and simply feed them with vital floating fish feed to qualify.

‘’From the very start of a farmers investment in either poultry or fishery, all he needs to do is work into Grand Cereals and fill our form, if found qualified we will pay the premium but the farmers get the advantage, ‘’ he said.