Crop Insurance
Crop insurance is a type of insurance designed to protect farmers against the loss of their crops due to various risks, such as bad weather, pests, or disease. It helps ensure that farmers can recover some of their financial losses, allowing them to continue their operations and support their livelihoods.
There are different types of crop insurance, including multi-peril crop insurance and crop-hail insurance. Multi-peril crop insurance covers a range of risks, while crop-hail insurance specifically protects against hail damage. By providing financial security, crop insurance plays a crucial role in the agricultural industry.