Farmers get Sh1bn for crop failure, livestock in insurance payouts

A farmer prepares fodder for his livestock at his home in Lwanda village, Lukuiyani. FILE PHOTO | NMG

Insurers paid farmers Sh1.35 billion insurance compensation for crop failure and purchase of fodder in the last financial year, highlighting the relevance of the cover that mainly targets arid and semi-arid households.

Ministry of Agriculture data shows that Sh1.098 billion was paid out to 18,012 households in eight counties as livestock insurance compensation.

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Note: The results are not exact but very close to the actual.