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SS3 Agriculture Science

Agricultural Insurance

Overview

Define agricultural insurance. Name types of insurance that can be taken by agricultural operations.

What you'll learn
  • Meaning of Agricultural Insurance.
  • Importance of agricultural Insurance.
  • Types of insurance policies for agricultural production
  • -Specific enterprise insurance e.g. crop insurance, livestock insurance,
  • -Farm vehicle insurance.
  • -Fire disaster insurance or machines and buildings.
  • -Life assurance ( farmers, farm workers and farmers household).
  • Insurance Premiums.
  • Problems of agricultural insurance uncertainties of weather
  • -Losses Due to natural disasters etc.