what do you mean by agriculture insurance . also explain its various problems
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Agricultural insurance is one method by which farmers can stabilize farm income and investment and guard against disastrous effect of losses due to natural hazards or low market prices. ... Insurance is redistribution of cost of losses of few among many, and cannot prevent economic loss.
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Agricultural insurance is one method by which farmers can stabilize farm income and investment and guard against disastrous effect of losses due to natural hazards or low market prices. ... Insurance is redistribution of cost of losses of few among many, and cannot prevent economic loss.
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