About Livestock Insurance
A Livestock Insurance Bank is a financial institution that offers insurance to farmers to protect against the loss of livestock. Livestock Insurance is a public-private partnership that allows farmers and ranchers to buy insurance policies backed by the federal government. Livestock Insurance Banks offer a range of plans tailored to the specific needs and livestock of individual farmers and ranchers. The Risk Management Agency (RMA) of the U.S. Department of Agriculture oversees the Federal Livestock Insurance Program.