Oriental Insurance Company Limited (OICL) offers a shrimp-crop insurance programme developed along with ICAR-CIBA, combining weather-index features with disease-cover during the shrimp grow-out cycle. The scheme provides payouts for cyclone, heavy rainfall, flooding, temperature shocks, salinity disturbances, and also insures against WSSV, AHPND, and other bacterial and viral infections during the 120–130-day culture period. Packages may include grow-out cover, early mortality cover (seed/PL), and optional water-quality add-ons. While OICL does not publish a fixed premium rate, technical discussions and CIBA consultation documents indicate that shrimp-insurance premiums generally fall around 2–3% of the insured value under supported models.
Shrimp/Prawn Insurance Coverage Summary:
https://in.policy.online/web/policy/1760/aquaculture-shrimpprawn-insurance-policy