Chile

Estate institution created by CORFO Council in 2000 with the aim of developing an insurance market for the forestry, agricultural and livestock sector, which allows the increasing of competitiveness and the reduction of inequalities in the sector. Its resources come from the budget of the Agricultural Ministry and they are annually transferred to CORFO by means of an Agreement of Funds Transference. Agroseguros develops, promotes and manages risk management tools with Estate subsidy for the productive sector of agricultural, livestock and forestry activities, which allow the overcoming of productive economic losses for damages in an insured crop, due to climate phenomena covered by the policy and fluctuations in the price of commodities, things that farmers of the sector have to face.

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