Crop Insurance Today Third Quarter 2019 - 5
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Crop Insurance 101
New Tools to Explain the
Importance of Crop Insurance
From an outside perspective, the business of
insuring America's food and fiber supply might
seem complicated. The Federal crop insurance
program must be able to quickly respond to qualifying events while simultaneously navigating the
complexities of the marketplace and adhering to
government regulations.
However, the continued success of crop insurance depends on protecting the program against
attempts to undermine it through policy or budget proposals. This starts with educating both the
public and policymakers on why crop insurance
works and the important role it plays in the farm
safety net.
That is why National Crop Insurance Services
(NCIS) recently launched CropInsurance101.
org. This website is an easily-accessible resource
that clearly communicates the strengths of the
Federal crop insurance program.
Visitors to CropInsurance101.org will find a
history of the program, a glossary of many of the
specialized terms used within the insurance industry and downloadable fact sheets that cover
the basics of crop insurance. The website also includes a brand-new video that explains how crop
insurance works and the necessity of protecting
this vital risk management tool.
This initiative was launched alongside the introduction of the bipartisan House Crop Insurance Caucus.
Created by Congresswoman Cheri Bustos
(D-Ill.) and Congressman Glenn "GT" Thompson (R-Pa.), the House Crop Insurance Caucus
will provide a forum for all members to learn
more about the value of crop insurance while encouraging bipartisan collaboration to strengthen
this program for rural America.
The House Crop Insurance Caucus hosted an
event on Capitol Hill earlier this summer attended by members of Congress, congressional staff,
farmers and agriculture lenders. The Caucus cochairs spoke to the necessity of sharing the benefits of crop insurance and demonstrating how
this program helps our farmers endure hardship
by mitigating their risks.
"This bipartisan Crop Insurance Caucus will
work arm-in-arm to educate other members
about the importance of a strong farm safety net
and agricultural economy," Bustos said.
And Thompson made it clear what's at stake
when it comes to protecting the Federal crop insurance program. "Having crop insurance is incredibly important," Thompson said. "We know
that agriculture is really about food security. And
food security is really about national security."
Heather Greenwalt, Assistant Vice President
at Farm Credit Illinois, shared that the farmers
she serves find comfort in knowing that crop
CROPINSURANCE TODAY®
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http://www.CropInsurance101.org
Crop Insurance Today Third Quarter 2019
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http://www.brightcopy.net/allen/cint/may2016
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http://www.brightcopy.net/allen/cint/november2015
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https://www.nxtbook.com/allen/cint/november2014
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https://www.nxtbook.com/allen/cint/november2013
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https://www.nxtbook.com/allen/cint/november2012
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