Question

benefits of crop orchards animal and poultry insurance to the farmers

Answer 1

Crop or orchard farming, animal farming and poultry farming are all prone to risks. The risks may be because of natural cyclical reasons, attack of pests and vectors or due to environmental reasons. Diseases or low-yield would, therefore, affect a farmer's earnings. To protect himself from these financial losses of varying magnitude, it is necessary for a farmer to insure his crop, orchard, animals and poultry. The insurancecompany would financially make good his losses to the extent of the insurance cover taken by him in the event of loss or damage or death to his crop, fruits,animals and poultry.