Statements (57)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:insurance
Risk Management Tool |
gptkbp:administeredBy |
Government agencies
Private insurance companies |
gptkbp:benefit |
Encourages investment in agriculture
Financial stability for farmers Reduces risk of farming |
gptkbp:challenge |
Basis risk
Adverse selection Delayed claim settlement Low awareness among farmers Moral hazard |
gptkbp:claim_process |
Assessment of loss
Payout to farmer Submission of claim Verification by insurer |
gptkbp:commonIn |
gptkb:Australia
gptkb:Canada gptkb:China gptkb:India gptkb:United_States |
gptkbp:covers |
Crop damage
Crop loss Revenue loss Yield loss |
gptkbp:example |
gptkb:Pradhan_Mantri_Fasal_Bima_Yojana
gptkb:National_Agricultural_Insurance_Scheme Federal Crop Insurance Program Crop Insurance Corporation of India Risk Management Agency (USDA) |
https://www.w3.org/2000/01/rdf-schema#label |
Crop Insurance
|
gptkbp:policy |
Area-based insurance
Index-based insurance Multi-peril insurance Named-peril insurance Revenue-based insurance Yield-based insurance |
gptkbp:premium_paid_by |
gptkb:farmer
|
gptkbp:premium_subsidized_by |
gptkb:government
|
gptkbp:purpose |
Protect farmers against crop loss
|
gptkbp:regulates |
gptkb:government
|
gptkbp:relatedTo |
Agricultural Insurance
Livestock Insurance Weather Insurance |
gptkbp:risk_covered |
gptkb:disease
gptkb:fire gptkb:Flood gptkb:Hail gptkb:Frost Drought Excessive rainfall Market price fluctuation Pest infestation |
gptkbp:subsidized_by |
gptkb:government
|
gptkbp:used_in |
Farmers
|
gptkbp:bfsParent |
gptkb:USDA_Farm_Bill
|
gptkbp:bfsLayer |
7
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