What insurance should farmers and agricultural business entities be supported to carry out according to law?

Legal analysis: support farmers and agricultural business entities to carry out mutual assistance and cooperation insurance according to law. Establishing a multi-level, wide coverage and sustainable rural financial service system is an important support for rural revitalization, and agricultural insurance can play an important role in it. First of all, agricultural insurance can be used as an important policy tool and risk management tool for agricultural support and protection system in ensuring the safety of agricultural industry, stabilizing farmers' income, promoting industrial development, improving the quality of agricultural products and food safety, improving rural social governance and protecting rural ecological environment. Secondly, in the process of financial elements entering the countryside, agricultural insurance can help solve the underlying risk structure problems faced by agricultural credit, agricultural guarantee and other parties.

Legal basis: Article 66 of People's Republic of China (PRC) Rural Revitalization Promotion Law. The state establishes and improves a multi-level agricultural insurance system, improves the policy agricultural insurance system, encourages commercial insurance companies to carry out agricultural insurance business, and supports farmers and agricultural business entities to carry out mutual assistance and cooperation insurance according to law. The people's governments at or above the county level shall take measures such as premium subsidies to support insurance institutions to appropriately increase the types of insurance, expand the coverage of agricultural insurance, and promote the development of agricultural insurance.