Crop
Crop Insurance is the protection for Farmers for the loss of their growing investment as a result of abnormal weather events.
Perils:
- Drought
- Flood
- Hail
- Wind
- Frost
- Pests and Disease can be considered
Insurance Cover:
- Crop Hail insurance
- Hail and other named perils
- Multi – Peril insurance – All major perils which might have an adverse effect on farm yield or revenues, subject to standard exclusions
Sum Insured:
- Expected yield per acre
- Yield can be measured via an index