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| Crop insurance is not only for the farmer.
When it started it was the only means of a lender getting anything that looked like an asset to attach to a loan. So, in reality, it was a stop gap measure for farmers to secure credit during that awful times called the 80's. Without it, there would have been even more sales. It allows lenders to reduce their risk.
Don't think Government is going to trust you with those funds. (: I think I looked at the numbers and I remember around 60% or more subsidy. Me thinks the overhead is too high.
Tim | |
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