Aquaculture insurance is a state-supported product within the TARSIM pool. It covers, within the policy terms, the loss when fish farmed at sea, in ponds or in tanks die or are lost for the reasons listed in the policy.
The farm must be registered in the Aquaculture Registration System with current operating permits. We collect your facility and stock details and prepare the application with you.
What is covered?
- Losses caused by storm, tornado and wave damage
- Flood, inundation, earthquake and landslide
- Fire and lightning
- Mass mortality from environmental causes such as oxygen depletion (subject to terms)
- Deaths from diseases defined in the policy (subject to terms)
- Fish escape due to cage or net damage (depending on policy scope)
What you should know
The state subsidy and the species and risks covered are set by the implementation rules published each year; scope may vary by facility type.
After a loss, document the situation and notify immediately; the adjuster inspects the facility.
Frequently asked questions
Eligible species and farming methods are set in the implementation rules. We check eligibility once we have your facility details.
Reflecting significant stock changes in the policy avoids under-insurance at claim time. We handle the update whenever one is needed.
The information on this page is for general guidance and does not replace policy wording. Scope of cover, limits, deductibles and exclusions are determined by the general and special conditions of the insurer you choose.