Business Times

Janashakthi launches livestock insurance scheme

Janashakthi Insurance has launched what it calls, another revolutionary product – the Janashakthi Livestock Insurance Policy. Private owners, dairy farms, co-operatives, corporate dairies and livestock breeders across Sri Lanka can take out a policy to insure their cattle, goats and poultry. Cattle include milch cows, buffaloes and stud bulls, while poultry includes layers, broilers and hatchery birds.

Insurance cover will also be given to indigenous crossbreds and exotic cattle, the company announcement said.The scope of covers in this policy include the loss sustained as a result of death or permanent disablement due to accidents (including fire, lightning and flood) and various kinds of diseases that affect livestock including cattle, goats and poultry.

Janashakthi’s General Manager Insurance Dayalanie Abeygunawardena said, “The uncertainties of this industry are immense and thus peace of mind is furthest from one’s mind. Livestock is most often very vulnerable since accidents and disease can strike at any time thus resulting in great losses”.

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