Crop insurance expanded due to climate volatility and extreme weather risks (opens original article in a new tab)

The Agricultural and Agrarian Insurance Board has expanded crop insurance coverage nationwide to protect farmers from climate volatility and extreme weather, offering financial protection at reduced costs for major crops and seed paddy farms.

• Crop insurance expanded islandwide to protect farmers from climate-related losses
• New scheme covers major crops including cinnamon, rubber, banana, tea, and coconut
• Concessional premiums offered to reduce financial burden on farmers