Scope of cover

The cover is divided into three sections:

Section I: is applicable to Tea Crop Insurance for policies issued garden-wise only This insurance attaches from the time the green leaf is plucked at the assured's estate and while being processed at the factory. It continues while in-transit by approved conveyance(s) and/or vessel(s).

Section II: is applicable to inland & overseas transits of Tea, including storage. Transit policies are issued to individuals or companies, who purchase "Made" teas sold at gardens and/or the various auction centres of India and/or from any other source with a view to dispatching the same to various places in India or abroad to buyers or distribution centres.

Section III: Transit includes storage for blending, processing, packing, etc of made tea. Policies under this section are issued to cover transits within India between purchase centres and F.O.B. points/inland sale outlets/wholesalers depots/ distributors, including cover during processing, blending and packing at various incidental storages at godowns/ warehouses. Such policies may be issued to individuals or corporate bodies or garden owners. This insurance is against all risks of physical loss of or damage to the subject-matter insured.