Analysis Of Farmers' Willingness To Buy Cotton Price Insurance In The 7th Division Of Corps

As the basic material of national production and life,cotton plays an important role in economic development and people's life.In order to ensure a certain planting area and stable cotton output,and to ensure the stable income of cotton farmers,the state gives target price subsidies to cotton income prices.Because the target price subsidy is identified as a countercyclical subsidy policy in the world trade organization,it distorts international trade and belongs to the "yellow box policy".It is subject to many restrictions of the world trade organization and also protested by five west African countries,India and other cotton producing countries.This year has seen a severe deterioration in the global trade environment and frequent trade wars.It is an urgent task to reform the way of subsidies for commodities such as cotton.In this context,it is an urgent task to study cotton insurance.This research mainly adopts the methods of literature research,field investigation and statistical analysis.After the descriptive statistical analysis and model analysis of cotton insurance purchase intention,the conclusion is drawn.Cotton price insurance has a certain market prospect.Cotton planting insurance has been carried out in the corps for many years,and the operation of underwriting and claim settlement in all aspects is relatively mature.The high recognition of farmers can promote the purchase intention of cotton price insurance.Farmers have a higher awareness of cotton planting insurance,but not enough awareness of cotton price insurance.Farmers who had benefited a lot from cotton planting insurance before also have a stronger desire to buy the emerging cotton price insurance.Most farmers express their willingness to buy cotton price insurance when the government subsidy reaches more than 60%.Farmers' satisfaction with claim service and government subsidy has a strong impact on the purchase of cotton price insurance.Farmers who have benefited a lot from the purchase of cotton planting insurance before also have a stronger desire to purchase the emerging cotton price insurance.In order to increase the willingness of farmers to insure cotton insurance,we put forward reasonable Suggestions to the government and insurance companies.Insurance companies should strengthen the publicity of cotton insurance,separate accounting of cotton price insurance,training of professionals in cotton insurance,effectively improve the level of claims service,and at the same time to optimize the scope of claims liability of cotton insurance,through actuarial development of a practical and feasible program,insurance coverage should meet the needs of farmers;The government should ensure the special funds for cotton price insurance,promote the smooth progress of the pilot work,strengthen the tax incentives for agricultural insurance,and use the model of cotton price insurance + futures to avoid risks.