Rural Insurance Premium Subsidy (PSR): Who Qualifies and What You Get
Learn how the Rural Insurance Premium Subsidy (PSR) helps reduce the cost of insurance for rural producers in Brazil.
The Rural Insurance Premium Subsidy (PSR) is a government program designed to lower the cost of insurance for people working in agriculture.
Who it's for
This program is available to rural producers who hold insurance policies to protect their agricultural activities.
What you get
If you qualify, the federal government provides a payment that covers a portion of your insurance premium. This subsidy typically covers between 20% and 40% of the total cost of the policy.
What it costs you
To access this benefit, you must hold an active insurance policy that was issued by an accredited company.
The catch to know
It is important to understand that this is not a cash payout sent to your bank account. Instead, the subsidy is applied directly to the cost of your insurance policy to reduce the amount you have to pay upfront.
How to apply
- Ensure you are a registered rural producer.
- Secure an insurance policy through an accredited provider.
- Confirm with your provider that the subsidy is applied to your specific policy.
- Visit the official portal for more details: https://www.gov.br/agricultura/pt-br/assuntos/riscos-seguro/seguro-rural