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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Give the meaning of crop insurance. - Commerce

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Question

Give the meaning of crop insurance.

Short Note

Solution

This policy is to provide financial support to farmers in case of crop failure due to drought or flood. It generally covers all risks of loss or damages relating to the production of rice, wheat, millets, oilseeds, and pulses, etc.

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Types of Insurance
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Chapter 15: Insurance - Exercises [Page 151]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 15 Insurance
Exercises | Q III. 2. | Page 151
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