Crop Insurance

GPTKB entity

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