Question 1

WHAT IS CROP INSURANCE ?

Accepted Answer

Crop insurance provides financial protection to farmers in the event of crop failure or damage caused by various risks such as natural disasters, adverse weather conditions, disease, pests, or other unforeseen circumstances.

Question 2

WHAT ARE THE PURPOSES OF CROP INSURANCE ?

Accepted Answer

Crop insurance serves several essential purposes, aimed at providing financial protection to farmers and supporting the stability and resilience of the agricultural sector.

Question 3

WHO IS QUALIFIED FOR CROP INSURANCE ?

Accepted Answer

Crop insurance is open to all farmers, both loanee and non-loanee.

Question 4

WHY IS CROP INSURANCE IMPORTANT FOR FARMERS?

Accepted Answer

Crop insurance is crucial for farmers for several reasons. Crop insurance helps farmers with financial protection, stability, risk management, access to credit, investment, and innovation, and supports the rural economy, food security, and government policy objectives.