The NCIP has three components viz. Modified National Agricultural insurance Scheme (MNAIS) MNAIS provides insurance coverage and financial support to the farmers in the event of failure of crops and subsequent low crop yield. Weather Based Crop insurance Scheme (WBCIS) In 2015-16, the Weather-based Crop Insurance Scheme (WBCIS) is being implemented as component of National Crop Insurance Programme (NCIP). This scheme provides insurance coverage and financial support to the farmers in the event of failure of crops due to Adverse Weather Incidence and subsequent crop loss. Coconut Palm Insurance Scheme (CPIS)
http://www.gktoday.in/blog/national-crop-insurance-programme/