Minimum Price Guarantee FAQs

• Aadhar Card 
• Land Passbook 
• 1^st page of Bank Passbook  
• Bill copy of the seed purchased from Syngenta authorised dealers 

Connect with the AIC team or Syngenta team members in your area for support.

With success from HPH 5531 farmers, more farmers will be enrolled in this support, and they will benefit.

Currently, this is not allowed as the sales risk period for an insurance claim is fixed for 4 months.

Premium can be paid online through UPI or cash to the AIC team.

3 options are available for insurance support; farmers can secure their produce and opt for the premium.

The insurance will protect your income and help you remain tension free. The premium amount is the enrollment amount to secure your income during fluctuations in the market price.

AIC team members will settle the claim in a week after all the required paperwork is completed to validate the claim.

AIC team members are the right person, make sure to inform your insurance agent before you go to the mandi to sell your produce.

Syngenta team members are always in support of the farmers.

The claim will be accepted on the modal price at the APMC and not on individual farmer bills. In case of low yield or any adverse situation, the farmer will get guidance from the team.

The claim will depend on the modal price in the mandi on a particular day during the risk period for sales.

Policyholders will approach the AIC representatives at the APMC Mandi Guntur. For every sale, the policyholder must provide the representatives with the following details: 

• Unique farmer ID (generated at the time of enrollment) 
• Sale date 
• Quantity sold 

Claims will be calculated on the mandi modal price and paid directly to the policyholder’s account. 

The daily Modal price APMC data (Guntur Chilly Market Yard) will be collected by the company and will be compared to the indemnified price. The claim will become payable if the sale price is below the indemnified price.