Crop Yield Insurance

Crop yield insurance is a type of coverage that protects farmers from financial loss if their crop yields are lower than expected due to events like drought, flood, pests, or other natural conditions. Farmers pay a premium for this insurance, and if bad weather or pests significantly reduce their harvest, the insurance provides a payout to help cover expenses and stabilize income. This way, farmers can better manage risk and sustain their operations despite unpredictable environmental factors.