Which are the best insurance for farmers in India ? .

Everyone knows about insurance, but there are many types of insurance, from personal to any object. Just as the need for personal insurance is felt, in the same way, insurance of goods or agriculture is also very beneficial, which is beneficial if you are suffering from any kind of natural or other disasters.  insurance related to farmers is provided by various cooperative societies, insurance companies and government agencies. Friends, in this post you will learn about insurance beneficial to the farmer.

Types of insurance available for farmers in India?

For the farmer brothers, the government has provided the facility of personal insurance for the crop and farmers so that the farmers can overcome all kinds of problems. This insurance is provided by all types of major banks and financial companies.

Crop insurance

                                   Crop insurance is related to crops or standing crops which is applicable for many types of losses which are mostly in the form of natural disasters. One of the best examples of this is the Prime Minister Crop Insurance Scheme.

In India, Major banks and insurance provide Crop insurance e.g. ICICI, National Insurance etc.

• If crops are damaged by fire 
• Floods in high-rainfall areas cause damage to crops
• Damage caused by earthquake
• Drought related 
• Storm, Cyclone, Typhoon related natural
• Landslides disaster

Personal accident-related general insurance (for KCC card holders)

                                                

                                     KCC is a special type of facility offered to Indian farmers with bank assistance. And based on this card, farmers also get various types of personal accident-related insurance.
For example, State Bank of India provides accidental insurance to farmers below the age of 70 on the basis of kcc card to farmers.

Note- Crop loans under KCC are also covered under Pradhan Mantri fasal Bima yojana .

Lic and other insurance 

Lic which is most famous in the insurance sector In India, many types of accident insurance policies are prevalent under lic which farmers must get to help the family in case of any type of accident.

     Farmer brothers, you must read the rules and facts related to these deaths of LIC, under which you can take advantage of the completion of LIC.

                     

Pradhan Mantri Suraksha Bima Yojna 

pmsby (Pradhan Mantri Suraksha Bima Yojana) insurance is a special type of insurance in which you are given a claim of Rs. 2 lakh on the death of an accidental accident by paying only Rs. 12 INR per year from the concerned bank.

 You can also start your own insurance by reading the information on PMSBY by bank of Baroda.

Note: This insurance is only for those aged 18 to 70 years.

Livestock Insurance Scheme (LIS)

                       This insurance provide insurance to farmers cattle from death and other types of loss to customers. Government agencies and insurance providers claim that insured amount will be settled in 15 days after documentation by farmer . This scheme is issued by Indian central government. Currently this scheme is implemented in the 100 districts of Rajasthan.

Why farmers need personal and crop insurance?

Farmers are the wheel of the country because if the farmer works hard, then the paddy will grow in the country and only the people living in the country will lead a happy life. While taking crop yield to farmers Many hardships and natural disasters have to be endured. The farmer cultivates on the basis of luck. But many types of natural calamities ruin the crop of the farmer. Like fire flood etc.

Therefore, the government started the scheme of crop insurance for the farmer brothers with the help of banks, in which the farmer can make sure that the farmer can cultivate the crop by ensuring the standing crop and if there is any kind of loss, then the insurance holder companies Does. And along with crop protection, the farmers themselves also have personal insurance.

Choose best weather-based crop insurance 

             Benefits of weather-based crop insurance are available for both type of crops including kharif and rabi crops. Bajaj Allianz is the best example of this type of insurance provider. 

Conclusion

                         In India both private firms and banks are providing insurance for farmers but while choosing any insurance. Always try to use proper insurance related to the available crop.