More farmers are getting insurance, but crops are still left behind

Over the past five years, Nepal has issued more than 700,000 agricultural insurance policies to farmers. While this represents a significant increase in insurance uptake, the distribution of coverage remains heavily skewed toward livestock and fish farming.

Despite the high volume of policies, the vast majority of these insurance products do not cover crops. This leaves a significant portion of Nepal's agricultural sector vulnerable to losses, as crop-specific insurance remains largely inaccessible or underutilized compared to animal-based coverage.