Federal Crop Insurance

Definition of "Federal crop insurance"

Cindy Lee Moore
Cindy Lee Moore Premium Properties Real Estate Services

Protection against natural disasters that may strike crops. Coverage on all risks basis began in 1948 under the auspices of the U.S. Department of Agriculture. Premiums reflect actual losses incurred by farmers. The objective is to level out fanners' income that otherwise would be adversely affected by natural disasters striking their crops.

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