Multi-Perils Crop Insurance
Multi-peril crop insurance protects the farmers from losses in crop production, including lower yields, caused by natural calamities or events like disease (pest and insect damage), drought, flooding, fire, or destructive weather.
Benefits
This policy provides cover against all natural disasters that effect the production of crop such as:
- Fire
- Drought
- Diseases and Pests
- Flood
- Windstorm
- Lighting and Explosion
Losses are assessed at the stage of loss, and this informs the amount payable.
Scope of Cover
This basic food crops such as Maize, Rice, Cassava, Yam, Vegetable, Wheat, Sorghum, Millet, Groundnut etc.
