Out of the many insurance covers, the agricultural insurance is one which is extremely beneficial for the farmers, the food providers of our nation. Now, what exactly is agricultural insurance?
Agricultural insurance is the one that helps to protect against any kind of loss or damage to the crops or the livestock on a farm.
Sounds like a very effective method of providing value to the poor farmers, doesn't it?
Now the question arises that why should a farmer opt for agricultural insurance?
Agricultural Insurance not only does protect the farmer in case of shocks but also encourages them to invest more and more. This article discusses in details about how beneficial agricultural insurance is to a farmer.
The agricultural land, that is taken care of by our hardworking farmers, is prone to a large number of adversities and a large number of natural disasters befall them. Some of the most common issues that are faced regarding farms are:
All these problems directly affect the livelihood and the source of income of the farmers. Having an agriculture insurance saves their back from such adversities.
Did you know that a major part of the Indian population still depends on farming to earn their livelihood? An agricultural insurance saves them and has their back against all the unforeseen setbacks that they might come across. There are a large number of methods in which an agricultural insurance benefits a farmer. Discussed below are some of them.