Working in agriculture requires the ability to withstand unpredictable events. To protect producers from designated perils that lead to production loss, Agriculture Financial Services (AFSC) provides a suite of perennial insurance programs.
These programs provide:
- a production guarantee for hay crops based on average historical yields and the coverage option selected; or
- coverage for pasture based on conditions in the area, determined by an indicator of production loss, such as precipitation. This coverage is not directly related to losses to insured fields.
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