Weather-resilient crop insurance is designed to protect farmers from the financial losses caused by extreme weather events like droughts, floods, and storms. Unlike traditional crop insurance, which typically covers only yield losses, weather-resilient insurance takes into account climate variability and the increasing frequency of extreme weather events. This type of insurance offers coverage based on weather indices, such as rainfall or temperature, allowing farmers to receive compensation even if crops are not directly affected by a disaster. By providing timely financial support, weather-resilient crop insurance helps farmers recover from unexpected weather-related losses, ensuring their long-term financial stability and the sustainability of their farming operations.
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