Buying Crop Insurance Taking Weather Into Account

The concept of crop insurance is new to India. Though the prime bread and butter of the Indian population is farming, this insurance plan was not available till the government at the center decided to introduce it. With the availability of this cover in the market, the risks that farmers had to take became minimum making the profession risk-free and more convenient. In India, there are many brands that offer this crop insurance plan at affordable prices. However, not every plan seems to be as protective a safeguard as it was supposed to be. This is why choosing the best plan takes time and a thought through planning.

Here's how to start the planning- 

#1. Weather- 

In India, weather plays a big role in making or breaking the year's produce. Apart from natural calamities, one of the biggest risk farmers face is the whimsical nature of weather. The unequal distribution of rain, famine, drought and flood intensify farmers' hardships by harming the quality and natural growth process of the produce. This is is where a crop insurance plan becomes a redeemer and helps farmers mitigate their fund crunch. 

#2. Lack of Weather Forecast-

Every developed country try forecasting the weather in order to minimize the risk factors involved in the farming. India, until recently lacks this advanced use of technology that could foretell about the weather and help the farmers plan their farming taking time so that you could avoid the adversity which could otherwise drain their investments out. Those who invest smart in crop insurance plans are covered and get a scope to survive their loss with no hassles. 

#3. The Right Time, the Right Produce- 

For farmers, time plays a big role. Taking the Geographical conditions of a place in account, the planning for farming what suits the best the time of the year is done. In India, there are many colleges and universities that offer degree courses on agricultural sciences. This is, for sure, a forward-thinking step. However, most talented agricultural scientists and scholars prefer to leave for abroad and India still lives with her challenges. The chances for huge loss go up. That's why buying a crop insurance plan is of paramount importance.

#4. Not Paying Heed To Annual Weather Report- 

With impact of global warming and Green House's evil impact, the natural weather all over the world is changing fast. This is why paying attention to the annual weather report is a prime factor that would either make or break the game. Choose the most reliable brand in India and try to focus on the annual weather report.

#5. No Surplus Creation- 

Every growing country try creating surplus. This helps reduce the risk for the next season, surplus creation is mandatory for minimizing risks involved in the profession of farming. This is why choosing a crop insurance is always a better option to go.

The Bottom Line- 

In a country like India, one of the most important factor for farmers is weather in which their bread and butter depends to a great extent. However, till the beginning of the twenty-first century, farmers had to suffer from the evil effects of natural calamities. Gone are those days when you have to survive depending on the whimsical nature of the weather. With a crop insurance plan, you can simply now stay covered and  cultivate your produce with complete peace of mind.