Farming in India is not just an occupation; it is a way of life for millions of small and marginal farmers. However, the unpredictable nature of agriculture—driven by erratic weather and market fluctuations — makes it one of the riskiest livelihoods. For a small farmer, a single failed crop can lead to catastrophic financial consequences, trapping them in a cycle of debt and poverty.
This is where crop insurance becomes a game-changer. Despite its affordability, many farmers fail to understand the importance of crop insurance.
Why Farmers Avoid Crop Insurance
Despite its numerous benefits, many farmers in India fail to understand the Importance of Crop Insurance and remain uninsured. The reasons include:
- Lack of Awareness: Many farmers are unaware of crop insurance schemes or how they work.
- Perceived Cost: Farmers assume that the insurance premiums are expensive, without realising how affordable they can be.
- Complex Processes: Farmers often feel intimidated by the documentation and procedures involved in insurance enrollment.
These misconceptions prevent farmers from taking advantage of a safety net that can save them from financial ruin.
Kshema Sukriti Crop Insurance: Affordable Protection
At Kshema General Insurance, we understand the importance of crop insurance and the challenges faced by small and marginal farmers. Our Sukriti Crop Insurance policy is specifically designed to offer comprehensive protection at an affordable cost.
Key Features of Kshema Sukriti:
Affordable Premium: Starting at just Rs 499, it is one of the most affordable crop insurance options available to the farmers in more than 20 states and union territories in India.
- Wide Coverage: Mitigates loss of crops due to natural disasters and animal attacks (elephants, wild boars, monkeys, and rabbits).
- Easy Enrollment: Hassle-free, mobile app-based processes to make crop insurance accessible to all farmers.
- Timely Compensation: Quick claim settlements to help farmers recover and restart their operations.
- Customisation: Choice of 2 perils among a list of 8 predefined perils so that the farmers pay for only what they perceive as a danger to their crops.
By enrolling in Kshema Sukriti, farmers can avoid the crippling financial burden of crop failures and secure their livelihoods.
Read More: https://kshema.co/understanding-the-importance-of-crop-insurance/