What insurance can rice growers buy?

Rice growers should choose single insurance or combined insurance according to their actual situation. Single insurance, such as "rice agricultural insurance", provides insurance compensation when the insured rice is reduced due to natural disasters such as hail, fire, strong wind and freezing. Or growers can also insure against hail disasters in crop planting. Crop planting hail disaster insurance covers direct losses caused by hail disaster. To participate in this insurance, the insurance amount per mu can be determined according to the local average yield per mu in the past three years and 60% of the average purchase price of rice, or it can be determined by the insured and the insurance company through consultation. After the disaster, the insurance company determines the loss percentage according to the actual loss degree, and calculates the compensation by multiplying the loss percentage by the insurance amount. In addition, some provinces and cities (such as Anhui Province) have also piloted rice weather index insurance to provide compensation for farmland suffering from drought and flood disasters. Rice drought index insurance determines the degree of drought and high temperature heat damage through accumulated rainfall and high temperature difference index, and calculates different claims standards accordingly. Insuring rice weather index insurance, insurance companies don't have to check the disaster situation one by one, and farmers don't have to waste their breath. As long as the weather index data provided by the local meteorological department exceeds the agreed level, farmers can get insurance compensation.