Crop insurance
Meaning in agriculture, with examples
In agriculture, crop insurance means: Insurance that pays farmers compensation when their crops are damaged or their yields fall because of hail, frost, drought, flood or other covered risks.
In Turkish: tarım sigortası, ürün sigortası, bitkisel ürün sigortası
How it is used
Farmers buy, take out or claim on crop insurance; loss adjusters assess damage in the field. Many governments subsidize premiums. In Turkey, state-supported agricultural insurance is provided through the TARSİM pool.
Example sentences
Our crop insurance covered most of the hail damage in the vineyard.
The government pays half of the crop insurance premium for registered farmers.
Common collocations
- take out crop insurance
- crop insurance premium
- insurance claim
- hail insurance
- loss adjuster
Related terms
More terms: Trade, Markets and Subsidies
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