agriculture insurance

Agriculture insurance is a financial product that helps farmers protect against losses caused by unpredictable events such as drought, flood, pests, or diseases. By paying a premium, farmers can receive compensation if their crops or livestock are damaged or fail to produce expected yields. This reduces financial risk, encourages investment in farming, and ensures stability for farmers and the broader food supply chain. Essentially, agriculture insurance provides a safety net, helping farmers recover from setbacks and continue their farming activities with more confidence.