
Multiple Peril Crop Insurance (MPCI)
Multiple Peril Crop Insurance (MPCI) is a comprehensive type of insurance that protects farmers against losses caused by various risks such as natural disasters (droughts, floods, wind), pests, or diseases that can damage or destroy crops. It covers various crops and provides financial assistance to help farmers recover from these unforeseen events, ensuring they can maintain their operations and livelihood. MPCI is typically purchased through private insurers and often subsidized by government programs to make coverage more affordable for farmers.