- It provides comprehensive risk insurance.
- Covers yield losses due to non-preventable risks (drought, flood, pests, diseases, natural fire, storms).
- Covers prevented sowing/planting due to deficit rainfall or adverse conditions.
- Covers post-harvest losses for up to two weeks.
- Provides full insurance cover with no capping of sum insured.
- Farmers pay a fixed, low premium, while government bears the major financial burden.
- This ensures financial protection for farmers in case of crop failure.