What type of crop insurance provides protection against specific perils without government support?

• A. Crop Hail Insurance
• B. Crop Yield Insurance
• C. Crop Revenue Insurance
• D. General Liability Insurance

Answer: (A)

Crop Hail Insurance provides protection against specific perils related to hail damage to crops. This type of insurance is typically purchased privately by farmers and does not rely on government support or subsidies. It specifically covers losses that may occur due to hailstorms, which can be quite damaging to crops during certain growing seasons.

Unlike governmental crop insurance programs that often provide broader coverage for various risks—such as drought, flooding, and other natural disasters—Crop Hail Insurance focuses mainly on hail. Farmers often choose this type of insurance to ensure they have a means of recouping their investments in the event of hail damage, thereby allowing them to maintain their operations without significant financial loss.

Other types of insurance mentioned serve different purposes: Crop Yield Insurance and Crop Revenue Insurance are designed to cover losses based on overall crop yields or revenue but typically work in conjunction with government support. General Liability Insurance is unrelated to crop protection and pertains more to liability in various business contexts.