Features | NAIS | MNAIS | PMFBY |
---|---|---|---|
Premium rates | Low | High | Lower than even NAIS |
One season one premium | Yes | No | Yes |
Insurance amount cover | Full | Capped | Full |
Localized Risk coverage | No | Hail storm, Land slides | Hail storm, Land slides |
Post harvest losses coverage | No | Coastal areas-for cyclonic rain | cyclonic rain and seasonal rain |
Use of technology | No | Intended | Mandatory |