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Livestock Insurance

Livestock InsuranceLivestock Insurance

Iran’s Organization for Nomadic Affairs should provide insurance cover for 40% of the livestock owned by nomads, by the end of the Iranian year (began March 20), said Ghader Mohammadi, an official at the organization.

At present, 19% of nomadic livestock have been covered by insurance, IRNA quoted him as saying.  Pointing out that 20% of domestic red meat is supplied by nomads, he said, “They produce more than 180,000 tons of red meat annually.”

At present, 1.2 million nomads live in the country constituting 2% of the population.

The highest rate of social insurance coverage for nomads is in Tehran Province (43%) and South Khorasan has the highest rate of livestock insurance coverage.

The organization held a workshop in Alborz Province to train agents on issuing insurance policy for nomadic people.  Representatives from Ardebil, Tehran, South Khorasan, Semnan, Golestan, Alborz, Markazi and Gilan provinces attended the workshop.

Financialtribune.com