Blog IICA

Agricultural Catastrophic Insurance (SAC) 2025-2026 in Ica

Start Date: 01/08/2025
End Date: 01/08/2026

Description

Implementation in the department of Ica of Peru's Agricultural Catastrophic Insurance for the 2025-2026 agricultural season. The program is fully financed by the Peruvian State and provides free insurance protection to small agricultural producers against crop losses caused by climate-related and natural events, pests and diseases. Eligible producers may receive compensation of up to PEN 1,000 per affected hectare to help restore their productive capacity following a disaster. MIDAGRI reported an allocation of PEN 1.2 million for Ica during the 2025-2026 season.

Observations

On December 5, 2025, Peru's Ministry of Agricultural Development and Irrigation reported that the Agricultural Catastrophic Insurance for the 2025-2026 season was active in Ica with an allocation of PEN 1.2 million. Insurance coverage is provided free of charge and financed entirely by the State. The season runs from August 1, 2025 through August 1, 2026. Coverage includes crop losses resulting from floods, torrential rainfall, drought, frost, hail, pests, diseases and other adverse events. Maximum compensation increased from PEN 800 per hectare in the previous season to PEN 1,000 per hectare in 2025-2026. In Ica, the mechanism supports recovery of crops including cotton, pecans, grapes, maize, alfalfa, avocado and asparagus. At national level, the 2025-2026 SAC provides more than PEN 73 million to protect more than 2 million hectares across Peru's 24 departments. The PEN 1.2 million recorded here represents only the Ica territorial allocation and must not replace the national SAC budget.

Action scope

Multi-region

Evaluated

No

Stage

Implementation- Ongoing

Temporalidad

Short-term

Number of Years

1 - Year -s

Related elements

Budget in USD

Budget in USD
$356,400.00
Counterpart Budget
$0.00
Total Budget
$356,400.00
Annual Average Budget
$356,400.00

Institutions

Institutions Institutions rols
MIDAGRI: Ministry of Agrarian Development and Irrigation (Peru) Execution and operation
DFC-USA: U.S. International Development Finance Corporation Financing-investor

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