Research On The Agricultural Insurance Based On Income Security

Interlaced with reproduction and economic reproduction of the nature and social economy,agriculture is typically a high risk industry,that is to say,agriculture has for long suffered from interference of flood,drought,frost and other natural disasters or accidents which feature both suddenness and hazardousness.However,as the saying goes,"Stable agriculture makes a safe society;flourishing agriculture makes a prosperous country”,agriculture has been always occupied a fundamental position in the national economic development.To this end,as a country has always attached importance to agricultural development,China has developed agricultural insurance to disperse and transfer agricultural risks and ensure farmers' income and maintain social stability.This paper based on the data from on-site questionnaire survey,combining variable coefficient,the mean semi-variance model and the T-test method,analyzes and evaluates the support utility of poly-based agricultural insurance for agricultural insurance from the perspective of varied risk appetite,different scales of production and diversified production organizations,with pig insurance and rice insurance representing livestock and poultry raising-related agricultural insurance and plantation-related agricultural insurance of China.It is found that policy-based agricultural insurance,which only covers the risk of output,can disperse the risk of the participating farmers' income to a certain extent,and ensure the farmers' agricultural income.But it is worth noting that,as China's economy continues to move forward,social reform is getting deepened and the domestic market is on the progress of opening up,the uncertainties in respect of farmers' agricultural income from market risks are getting worse,which causes increasingly weakened utility of policy-based agricultural insurance on farmers' agricultural income and greater and greater inability to satisfy the farmers.This indicates that desirable necessity for China to innovate agricultural insurance to keep pace with the times.In order to effectively cope with market risks and improve the effectiveness to ensure farmers' agricultural income,China in an active way explores the target agricultural product price-related insurance and income insurance.With target price as the contract object,target agricultural product price-related insurance covering forms of agricultural product-related income insurance product is a new insurance product to manage price risks on the agricultural product market in a decentralized way.This paper on one hand briefly introduces the development status of target agricultural product price-related insurance and drawing lessons from domestic experience,designs an insurance scheme in respect of insurance term,scope of insurance coverage and commitment term together with the ways of indemnity and other basic items with pig as the contract object;on the other hand,it roughly describes agricultural income insurance,and drawing lessons from foreign experience of success,at the same time,it designs an insurance scheme centering on the insurance subject,insurance premiums rate,insurance prices and other basic elements with soybean as the contract object,with the hope to provide useful policy proposals on innovation of China's agricultural insurance market.