Just like property, health, business, pets, etc. one should also protect its crops. Crops are reliant on the weather conditions and are also exposed to all kinds of obvious hazards like seasonal changes, fire, raids, etc. and therefore it is important to get them insured for long-term benefits. There are many organisations in the market which offer crop insurance, and you can easily choose the coverage according to your requirements. Once you get your crop insured, you will get compensation to the extent of liability covered and in the case of poor harvest; you shall be compensated to the extent of the premium charged.
Some Aspects of Crop Insurance-
- The crop insurance should cover your crop against all natural disasters, human-made disasters, thefts and raids, and should also include the machines and equipment and livestock.
- Since the crops are dependent upon weather conditions, you should also get them insured to get compensated in times of poor yield due to unfavourable weather conditions.
- There are many organisations which deal with crop insurance, and therefore you should choose an insurance which satisfies all of your needs and requirements. There are a number of insurance packages available, and you can choose one depending on your affordability.