Crop insurance is a type of insurance policy that is designed to protect farmers against losses incurred as a result of damage to their crops due to natural disasters or other unforeseen events. The crop insurance policies offers typically cover the cost of the damaged crops, as well as other associated costs such as harvesting expenses, transportation costs, and storage expenses. Additionally, the policies may also provide coverage for crop yield losses due to natural disasters or other events that are beyond the control of the farmers.
Key Coverage Include
Crop insurance is a type of insurance policy that provides financial protection to farmers in case of losses incurred due to damage to crops.
Crop insurance can be purchased by any individual, partnership firm, company or corporation who is engaged in agricultural activities and owns the insurable interest in the crop.
Crop insurance policies typically cover losses due to natural disasters such as drought, flood, fire, hailstorm, cyclone, and pests and diseases.
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