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Crop Insurance |
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A contract of indemnity by which, for a specified premium, one party promises to compensate another for the financial loss incurred by the destruction of agricultural products from the forces of nature, such as rain, hail, frost, or insect infestation. The federal government, acting through the Federal Crop Insurance Corporation, an agency of the department of agriculture, sponsors such insurance. By improving the economic stability of agriculture, crop insurance promotes the welfare of the nation. Cross-references |
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Regina $60,900,673 56 64 FirstSask Credit Union Saskatoon $56,900,204 57 -- Sask Municipal Hail Insurance Regina $54,700,000 Association 58 58 ClearTech Saskatoon $53,300,000 59 56 Yorkton Co-operative Yorkton $51,278,000 Association Ltd. Farmers Mutual Hail Insurance Company of Iowa West Des Moines, Iowa amp;ldquo;In this part of the world that application is like a hail insurance policy,” he says. |
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Hail insurance
