As crop insurers prepare for the Farm Bill and funding deliberations in the future, National Crop Insurance Services (NCIS) has released a detailed question-and-answer resource laying out the facts about crop insurance and dispelling some of the most common arguments against crop insurance put forth by its critics.<\/p>\n
\u201cCrop insurance is the single most important risk management tool available to farmers today, and the public needs to understand why it is so valuable, how it benefits taxpayers and how it helps maintain a stable agriculture for the benefit of consumers,\u201d said Tom Zacharias, president of NCIS.<\/p>\n
\u201cCrop Insurance: Just the Facts\u201d is housed in a new tab on the Crop Insurance Keeps America Growing website page \u201cAbout Crop Insurance\u201d where it will be a continuously updated, convenient and accurate resource for industry, farmers and consumers. \u201cThis resource will provide a much-needed explanation on the value and need for crop insurance,\u201d said Zacharias.<\/p>\n
The series covers important topics such as how crop insurance benefits the public, economics of the industry, the globalization of risk management, benefits to producers, and many other important issues.<\/p>\n
Zacharias noted that when it comes to the mechanics of crop insurance policies, why farmers spent more than $4.1 billion out of their own pockets last year purchasing it, and why it is the risk management tool of the future, there is a lot of misinformation and misrepresentation about the program. \u201cCrop Insurance: Just the Facts,\u201d lays out the details and does provides a balanced and reasoned perspective,\u201d he said.<\/p>\n
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