Federal Crop Insurance Corporation (FCIC)

The Federal Crop Insurance Corporation (FCIC) is a government-established entity that oversees and funds crop insurance programs for farmers. Its goal is to help farmers manage financial risks caused by natural disasters, bad weather, or decreased crop yields. Through the FCIC, the federal government partners with private insurance companies to provide affordable, reliable insurance options. This system ensures farmers have financial stability and can continue producing food even after unexpected losses, supporting both agricultural sustainability and national food security.