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Is Insurance needed for agricultural enterprises?
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[QUOTE="Chommyluv, post: 89689, member: 30360"] Insurance can be seen as the protection of life and property against any form of loss. Insurance serve as a cover against everything an individual, businesses, farmers and what have you. In fact it cover everything of which risks is associated with. Agricultural enterprises are not left out, when a farmer enter into insurance contract with an insurance company, the policy covers virtually everything that goes on in the farm ; the policy cover agricultural product against losses that may result from pest, change in weather; drought, harmattan and provide some of relief when their crops are damaged due to natural causes like flood, erosion etc. With agricultural insurance policy a farmer can benefit and not lost out totally because the policy will compensate the farmer when they are faced with the above. Do you think agricultural policy is needing in agriculture enterprises? [/QUOTE]
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Is Insurance needed for agricultural enterprises?
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