what are the benefits of crop, orchards, animal and poultry insurance to the farmers?i want answer in points.
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the main benefit of all these insurance is in fighting poverty
1. the purpose of poultry insurance is to provide insurance against a loss of poultry resulting from detection of a disease designated as a peril.
2. crop insurance helps farmer cover his risks in case of bad rains and floods causing disastrous failing of crops in their lives
3. farmers lives are mainly depended on animals like cow, buffaloes,horse etc, so animal insurance helps farmer in the case if any misery happens like death of that animal they can get paid in return to continue their lives
same logic for orchard insurance too.
1. the purpose of poultry insurance is to provide insurance against a loss of poultry resulting from detection of a disease designated as a peril.
2. crop insurance helps farmer cover his risks in case of bad rains and floods causing disastrous failing of crops in their lives
3. farmers lives are mainly depended on animals like cow, buffaloes,horse etc, so animal insurance helps farmer in the case if any misery happens like death of that animal they can get paid in return to continue their lives
same logic for orchard insurance too.
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