Research On The Legal System Of Animal Husbandry Insurance

With the development of culture industry , which becomes a new way to develop rural economy and increase income, animal husbandry insurance becomes more important than ever before to effectively guarantee the culture industry’s success. The study on the legal system of animal husbandry insurance is extremely important to deal with the different situations or cases in the growing process of culture industry. The study is a guidelines of practices and legislation .As one kind of the insurance business, animal husbandry insurance should be scientifically defined. The object of insurance are the live terrestrial animals and aquatic animals during culture period. After paying for the appointed insurance premium, the insured should be compensated for the loss of the object of insurance caused by natural disasters,accidents or diseases under Insurance coverage. There are three characteristics of animal husbandry insurance just as follows: specialty of the object of insurance, relative smaller risk unit and higher moral risk.Animal husbandry insurance can be divided into four types: livestock insurance, domestic fowl insurance, aquaculture insurance and the others.Besides the the common principle of voluntariness,equality,fairness and good faith, we also should observe some special principles such as utmost good faith, insurable interest, indemnity on the moment of conclusion of contract.The redefinition of animal husbandry insurance rate must take into account the economic development level,the insured’s ability to afford, profits, risks ,its own limitation and so on.The supervision of the insurance activities is the assurance of regularly and effectively operating of the animal husbandry insurance.The insured ,the insurer,insurance intermediary and civil servants should undertake the corresponding legal responsibility for their illegal behaviours which involves default, cheating,the supervisor for their breach of duty and so on .