Agriculture Insurance
Agriculture insurance is a type of insurance designed to protect farmers, agribusinesses, and other stakeholders in the agricultural sector from financial losses due to risks such as natural disasters, pests, diseases, and market fluctuations. It helps stabilize farm income and ensures the sustainability of agricultural activities.
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Crop Insurance – Covers losses due to drought, floods, pests, diseases, and extreme weather.
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Livestock Insurance – Protects against death, disease, or loss of animals due to accidents or epidemics.
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Farm Property Insurance – Covers damage to farm equipment, buildings, and infrastructure.
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Weather-Based Insurance – Provides compensation based on weather conditions like rainfall deficiency or excess.
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Income Protection Insurance – Compensates farmers for lost revenue due to low yields or price drops.