Private crop-hail insurance
Term · Insurance and risk management · MLC-T-INS-002672
A type of agricultural insurance purchased from private insurers to protect crops specifically against damage from hail and sometimes other perils like fire, lightning, or wind. This coverage is distinct from multi-peril crop insurance, which is federally subsidized and covers a broader range of risks. It is often purchased as a supplement to federal crop insurance.
| Identifier | MLC-T-INS-002672 |
|---|---|
| Field | Insurance and risk management |
| Subject | Personal Lines |
Record as JSON
{
"id": "MLC-T-INS-002672",
"term": "Private crop-hail insurance",
"field": "Insurance and risk management",
"definition": "A type of agricultural insurance purchased from private insurers to protect crops specifically against damage from hail and sometimes other perils like fire, lightning, or wind. This coverage is distinct from multi-peril crop insurance, which is federally subsidized and covers a broader range of risks. It is often purchased as a supplement to federal crop insurance.",
"subject": "Personal Lines",
"url": "https://mlchart.com/terminology/insurance/private-crop-hail-insurance/"
}
Record 2,718 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.