agricultural insurance

Agricultural insurance is a financial tool that protects farmers against losses caused by unforeseen events such as bad weather, pests, or natural disasters. By paying a premium, farmers secure coverage that helps compensate for reduced crop yields or livestock losses, ensuring they can recover financially. This type of insurance promotes stability in farming, encourages investment in productivity, and helps communities manage risk associated with agriculture. It acts as a safety net, allowing farmers to better withstand climatic and economic uncertainties and maintain sustainable agricultural practices.