Crop-hail insurance
Term · Insurance and risk management · MLC-T-INS-001038
A specialized form of property insurance that protects agricultural producers against losses to their crops specifically caused by hail damage. This coverage is typically purchased in addition to multi-peril crop insurance, which covers a broader range of risks. It provides financial compensation for reduced yield or quality due resulting from hail impact.
| Identifier | MLC-T-INS-001038 |
|---|---|
| Field | Insurance and risk management |
| Subject | Personal Lines |
Record as JSON
{
"id": "MLC-T-INS-001038",
"term": "Crop-hail insurance",
"field": "Insurance and risk management",
"definition": "A specialized form of property insurance that protects agricultural producers against losses to their crops specifically caused by hail damage. This coverage is typically purchased in addition to multi-peril crop insurance, which covers a broader range of risks. It provides financial compensation for reduced yield or quality due resulting from hail impact.",
"subject": "Personal Lines",
"url": "https://mlchart.com/terminology/insurance/crop-hail-insurance/"
}
Record 859 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.