The insurance arm of Anil Ambani-led Reliance Group has announced its entry into India's agriculture insurance business, saying it would offer farmers insurance cover for their crops against adverse weather conditions.

Reliance General Insurance announced various insurance products, some of which weather-based insurance schemes while other are yield-based.

Rakesh Jain, chief executive of Reliance General Insurance, also noted that it was the company's first step into the country's agriculture insurance sector.

Announcing the move, Mr. Jain said, "It is our first step in the domestic agriculture insurance sector with weather and yield-based crop insurance products, which are aimed at providing protection to farmers from the problems arising due to the vagaries of weather."

Mr. Jain also said that agriculture-based insurance schemes would be the next driver of non-life insurance firms' growth.

Reliance General launched the agriculture insurance schemes after the government asked private sector insurers to implement weather-based crop insurance schemes for farmers.

The private sector insurer added that it was hopeful that its agriculture insurance products would help farmers get rid of the constant worry about the future of their crops.