The Study Of Policy Agricultural Insurance’s Development Status And Problems

The issue of rural economic development is by all means a core and essential one in the study of the theory of the state economic development, boasting a complete and comprehensive system of agricultural insurance, which can play an effective role most to the interest of agriculture production. In recent years, the central government has been attaching a high degree of importance to the development of agricultural insurance, so that the policy-guided agricultural insurance is now accorded a prime opportunity for further progress. However, there have appeared in the meantime various unfavorable factors to its disadvantage that have drawn the general concern.The present thesis is intended to be a tentative discussion on the subject of the state policy-guided agricultural insurance in that agricultural insurance serves as a primary link with the rural area and its economy, so as to ensure the stability of country economy and rural society and promote its economic reform. For agricultural insurance, by means of and with the help of the financial management capacity of modern insurance and its potential function for risk spreading, can alleviate lots of adversity and distress arising from natural disasters, plant diseases and insect pests and epidemics resulting in crop failures, farmers income decrease, cereal supply out of order and growers disappointed and dispirited in farming grain. As a state policy-guided agricultural insurance, it operates on the government agricultural subsidies, and non-interest. Therefore, more research of it will surely be necessary toward its better and comprehensive service for the triple issue of agriculture, formers and rural areas as part of effort to build up a well-to-do society.The thesis will deal with the current state and history of the state policy-guided agricultural insurance and through analysis and interpretation denote that on the one hand, it has achieved fairly in alleviating risk and effecting post-disaster compensation as a way of involving itself in the rural social administration; and on the other, some major problems are there including the developmental environment of the policy-guided insurance, its own defects and insurance company-related problems, all of which, critical as they are, will be central under discussion.The conclusion from discussion is:What is highly crucial for the further and deeper development of the state policy-guided agricultural insurance is firstly to create a conducive developmental environment, to maximize the governmental role and involvement, and provide more beneficial policies for better insurance company operation.