Agricultural insurance policy in 2020, agricultural insurance compensation standards, the importance of agricultural insurance

Agricultural Insurance Policy in 2020

Many friends do not know much about agricultural insurance policies, so today I will tell you about the agricultural insurance policy in 2020.

1. Expand the coverage of agricultural insurance

On the one hand, promote the pilot reform of policy-based agricultural insurance, and on the basis of enhancing the inherent attractiveness of agricultural insurance products, combined with the implementation of important agricultural product protection strategies, Steadily expand the insurance coverage of bulk agricultural products that are related to the national economy and people's livelihood and national food security.

2. Improve the level of agricultural insurance protection

On the basis of covering the direct physical costs of agricultural production, expand the pilot program of agricultural catastrophe insurance and gradually improve the level of protection. Promote the pilot of full-cost insurance and income insurance for rice, wheat, and corn, promote agricultural insurance to "protect prices and income", and prevent the dual risks of natural disasters and market changes.

3. Expand the field of agricultural insurance services

Explore and build an agricultural insurance product system covering basic insurance, commercial insurance and additional insurance with financial subsidies. At the same time, we will promote index insurance, regional output insurance, and agriculture-related insurance, and explore the development of a package of comprehensive insurance to include agricultural production facilities and equipment such as agricultural machinery greenhouses and farmhouses and warehouses into the scope of protection.

Agricultural insurance compensation standards

Agricultural insurance compensation standards are believed to be an issue that many farmers are concerned about, so let’s take a look at related issues in this area!

According to the relevant laws and regulations of our country, the first step is to set the compensation threshold. The starting point for claims is 30, that is, when the loss rate of insured crops due to natural disasters reaches 30 (inclusive) or more to 70, the insurance amount and loss rate will be calculated according to the crop growth period.

The specific compensation calculation formula is: compensation amount = insured amount loss rate damaged area in each growth period. When the loss rate reaches more than 70%, the full compensation will be paid according to the insurance amount during the growing period of the crop.

1. If the rice planted suffers a natural disaster within the scope of insurance but the loss rate is less than 30%, the insurer is not responsible for compensation.

2. If the actual loss rate is above 30 (inclusive), compensation will be paid on a proportional basis, and if the actual loss rate is above 70 (inclusive), full compensation will be made. If the insured rice plot area of ??each insured person is smaller than the actual planting area, compensation will be calculated based on the proportion of the insured area to the actual planting area.

The importance of agricultural insurance

Agricultural insurance is of great significance to farmers, so let’s take a look at the important meanings of agricultural insurance?

1. Does agricultural insurance contribute to the healthy development of the national economy?

In our country, agriculture is the foundation of the national economy, and fluctuations in the agricultural economy trigger fluctuations in the national economic cycle. important factors.

Actively developing and promoting the comprehensive spread of agricultural insurance will have an important impact on the development of the national economy and the increase in agricultural output value. To this end, we should have a comprehensive and correct understanding of the existence of agricultural insurance and fully realize the promotion and impact of agricultural insurance on the national economy.

2. Agricultural insurance contributes to the stability of social life

Farmers’ means of living come from their labor income. The shrinkage or interruption of farmers’ production due to disasters and accidents will affect their family life. Difficulties occur.

The emergence of agricultural insurance has given farmers strong support, allowing them to receive a certain proportion of compensation when they encounter production risks. This is important for reducing agricultural production disaster losses and making up for farmers' income. Influence.

3. Agricultural insurance helps expand the scale of accumulation

As a type of social reserve fund (used to compensate for various economic losses), the agricultural insurance fund has withdrawn from the production process , which needs to be gradually used to compensate for various economic losses during the insurance coverage period.

The existence of agricultural insurance provides strong support for the formation of social reserve funds, ensures that social reserve funds can emerge in new forms, and has an important impact on expanding the accumulation scale of social reserve funds and meeting the needs of social development. .

The above is the relevant content about agricultural insurance. I hope it will be helpful to everyone!