Crop insurance — is purchased by agricultural producers, including farmers, ranchers, and others to protect themselves against either the loss of their crops due to natural disasters, such as hail, drought, and floods, or the loss of revenue due to declines in… … Wikipedia
crop insurance — noun : insurance available to farmers against loss or damage to growing crops as a result of natural hazards (as hail, drought, flood, insects) * * * crop insurance, insurance that provides partial protection for a farmer s income in case of bad… … Useful english dictionary
Crop Insurance Corporation — A corporation created in carrying out the purposes of the Federal Crop Insurance Act, with capital stocks subscribed by the United States, the management vested in a board of directors, and having power to insure agricultural commodities against… … Ballentine's law dictionary
Crop Insurance Act — A federal statute to promote the national welfare by improving the economic stability of agriculture through a sound system of crop insurance and providing the means for the research and experience helpful in devising and establishing such… … Ballentine's law dictionary
crop insurance — A policy covering growing crops against loss from the elements, particularly hail; insurance on agricultural commodities against loss due to unavoidable causes, such as flood, hail, wind, hurricane, plant disease, etc., but not extending beyond… … Ballentine's law dictionary
Federal Crop Insurance Corporation — The Federal Crop Insurance Corporation (FCIC) is a wholly owned Government corporation managed by the Risk Management Agency of the U.S. Department of Agriculture. FCIC manages the Federal crop insurance program which provides U.S. farmers and… … Wikipedia
Multi-Peril Crop Insurance — (MPCI) is the oldest and most common form of federal crop insurance. MPCI protects against crop yield losses by allowing participating producers to insure a certain percentage of historical crop production. A single policy protects crops against… … Wikipedia
Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… … Wikipedia
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
