Explain the importance of insurance coverage.

Explanation should include identifying

  • types of insurance
    • agritourism
    • crop
    • health
    • life
  • purposes of insurance
  • items to be insured
  • exemptions available for agribusinesses.

Process/Skill Questions:

  • What are different types of insurance?
  • Why is insurance coverage important in agribusiness?
  • What are the different uses of insurance?
  • What liability insurance options are available for various agricultural goods and services?