The agricultural insurance framework increases by one-third this year

The agricultural insurance framework increases by one-third this year to 4 billion HUF, but because the money comes from EU funds again, the amount will be paid to farmers at the beginning of 2017 only – the Association of the Independent Insurance Brokers in Hungary (FBAMSZ) told MTI on Thursday.

The association warned the farmers that they have to pre-finance the autumn payment of the insurance premium for a half year, which can be an amount of up to tens of millions. (MTI)