Farmers in Rift Valley should embrace agriculture insurance to secure return from crops and livestock in case of drought or excessive rain. CIC General Insurance Managing Director Kenneth Kimani has warned that farmers face risks due to erratic weather.
Addressing a meeting with co-operative leaders, insurance brokers and agents at a Nakuru hotel, Kimani said many farmers are not taking bank loans after failing to insure crops and cattle.
"Many farmers are unable to upscale their production because financial institutions are unable to provide loans for uninsured farms. With the erratic weather brought about by climate change, farmers can only secure their livelihoods by insuring their crops," he said.