Goat Insurance
"Reducing Risk, Boosting Productivity"
Goat farming can be an extremely lucrative venture, yet many farmers remain hesitant to engage in it due to the inherent risks associated with the industry. One of the primary concerns is that goats are particularly susceptible to communicable diseases, which can significantly impact their health and the overall viability of a farm. Although proper vaccination protocols and a well-balanced diet can reduce mortality rates by as much as 60%, the average mortality still hovers around 8% to 12%. This means that even with preventative measures in place, farmers face a considerable risk of losing a significant portion of their livestock.
Moreover, in the event of a disease outbreak, it can be incredibly challenging to detect infected goats and effectively isolate them from the rest of the herd. This difficulty complicates the management of livestock and can lead to further losses if the disease spreads.
To address these pressing challenges, Manikstu has established collaborations with various insurance companies to provide Livestock Insurance specifically for farmers’ goats. This insurance product is designed to help mitigate the financial risks associated with livestock mortality, allowing farmers to recover from potential losses more effectively. By offering this support, Manikstu aims to enhance the stability and sustainability of goat farming as a viable business option.
Functioning as a vital link between farmers and insurance providers, Manikstu offers comprehensive support throughout the entire process. This includes services such as tagging the goats, facilitating the insurance coverage, and streamlining the claims settlement process. By managing these aspects, Manikstu helps to alleviate some of the burdens that farmers face when dealing with livestock insurance.
Farmers interested in this service can benefit from competitive premium rates offered by Manikstu, making it more accessible for them to protect their investments. Additionally, the company provides convenient features such as doorstep tagging and high-priority claim settlements, ensuring that farmers receive timely support when they need it most. Ultimately, Manikstu's initiatives aim to foster a more resilient and profitable goat farming industry, encouraging more farmers to take advantage of this opportunity without the looming fear of substantial losses.
