Under crop Insurance farmers are sought to be protected against uncertainties of crop yields arising out of all natural factors beyond their control. It is mostly based on the principle of indemnity. Farmers seeking insurance have to pay premium which may or may not be subsidised. Insured Farmers suffering losses due to perils mentioned in the policy are indemnified as per policy conditions. Difference insurance covers such as Cattle insurance, Sericulture insurance, Poultry Insurance, are designed to provide cover for Livestock of insured.