what are the benefits of crop, orchards, animal and poultry insurance to the farmers?i want answer in detail .
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Answered by
145
Crops and orchards depend on the weather for their produce. They are also sometimes attacked by pests like insects and fungi. By insuring the crops and the orchards, the farmers are covered against uncertainties that affect their produce, on which they depend for their livelihood.
Poultry and domestic animals like cows and buffaloes too provide with produce like eggs, meat and milk to the farmers, which too take care of their livelihood. The birds and animals can also be adversely affected by diseases and environmental conditions. Hence, the farmers take insurance policies which cover them from risks that may result in loss of earning.
The insurance policies not only cover loss of income but also financially makes good the cost of replenishing items like seeds, livestock etc which are the basic factors of production for farmers.
Poultry and domestic animals like cows and buffaloes too provide with produce like eggs, meat and milk to the farmers, which too take care of their livelihood. The birds and animals can also be adversely affected by diseases and environmental conditions. Hence, the farmers take insurance policies which cover them from risks that may result in loss of earning.
The insurance policies not only cover loss of income but also financially makes good the cost of replenishing items like seeds, livestock etc which are the basic factors of production for farmers.
Answered by
6
Explanation:
these insurance schemes you will get a protection against difgerant condition if u take crop insurance it will cover damage due to adverse weather post harvest loss etc and orwmium for these scheme are also very easy and easy to pay and you will het maximum benifit.
due to e kuc system the benifit amount very fast and directly trasnfer to acvount.
the premium is less and benifit is more i think it ks very good schemes.
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