Farmers will get more benefits when joining agriculture insurance in the future Three districts of animal husbandry development are Ben Cat, Dau Tieng and Tan Uyen which have been chosen to be implemented with pilot agriculture insurance policies on the two objects of cows and pigs.Each district selects three communes to implement. Local budgets is to support 100% of the insurance premiums for poor households and 80% of funds for poor households. The remaining households are only required to pay 40% of the cost of insurance and the business units 80%. However, after 1 year of implementation only 10 households have participated in the program with the number of animals of 15 sows and 54 pigs with total premiums at VND 11,345,000. The difficulty of implementing agriculture insurance in Binh Duong can be easily noted out that in the past year the farmers faced up raising difficulties of prices and revenue did not cover the costs, thus, the farmers were not so interested in agriculture insurance. Another feature was that the initial products of insurance offered by the Ministry of Finance was not close enough to the actual needs of livestock production, bringing the number of pilot participants down. In large farms, due to the high construction costs of cool barn farm, the owners were forced to comply with strict animal husbandry and disease prevention, therefore, the possibility of disease in those farms was very low.Such thoughts of "safety" made the farm owners ignore the risks for their livestock. Along with the aforementioned difficulties, the agriculture insurance program was also troubled by the Decision No. 62/QD-UBND of Provincial Party Committee.To support farmers, the provincial People's Committee has issued Decision No. 62/QD-UBND on funding support for disease prevention and control of animals and poultries in the province. According to this decision, the farmers will be supported VND 38,000 per kg for pigs, VND 45,000 per kg for cattle, goats, sheep, and deer being destroyed due to diseases, thus, the farmers do not need to participate in Agriculture Insurance when they are forced to destroy their livestock.This inadvertently limits the implementation agriculture insurance. To encourage farmers to join agriculture insurance, recently, the Ministry of Finance and the Ministry of Agriculture and Rural Development issued documents to guide, supplement, and amend insurance principles, premiums and clearer insurance level of responsibility to bring practical benefits to the famers joining this model. Specifically, in the field of animal husbandry, diseases being insured are expanded.For bovines, 3 diseases are insured including foot and mouth disease, fowl cholera and anthrax. For swines, 6 diseases are insured including foot and mouth disease, blue ear, erysipelas suum, paratyphoid, fowl cholera, and cholera. For poultries, 4 diseases are insured such including influenza, Newcastle, duck plague, and gumboro. Subjects of animal insurance are also expanding to cattle, dairy cattle, pigs, sows, boars, broilers and laying hens. For premiums, reduction of 5 to 50% is applied depending on the animals insured. Reported by Cao Son – Translated by Vi Bao
Agriculture insurance: To bring more benefits to farmers
Agriculture Insurance is one of the policies showing practical significance for agricultural production.Agriculture Insurance brings more benefits, especially to farmers.However, over the first year of implementation, Binh Duong Province saw many difficulties in the process of mobilizing farmers to join Agriculture Insurance. Farmers will get more benefits when joining agriculture insurance in the future Three districts of animal husbandry development are Ben Cat, Dau Tieng and Tan Uyen which have been chosen to be implemented with pilot agriculture insurance policies on the two objects of cows and pigs.Each district selects three communes to implement. Local budgets is to support 100% of the insurance premiums for poor households and 80% of funds for poor households. The remaining households are only required to pay 40% of the cost of insurance and the business units 80%. However, after 1 year of implementation only 10 households have participated in the program with the number of animals of 15 sows and 54 pigs with total premiums at VND 11,345,000. The difficulty of implementing agriculture insurance in Binh Duong can be easily noted out that in the past year the farmers faced up raising difficulties of prices and revenue did not cover the costs, thus, the farmers were not so interested in agriculture insurance. Another feature was that the initial products of insurance offered by the Ministry of Finance was not close enough to the actual needs of livestock production, bringing the number of pilot participants down. In large farms, due to the high construction costs of cool barn farm, the owners were forced to comply with strict animal husbandry and disease prevention, therefore, the possibility of disease in those farms was very low.Such thoughts of "safety" made the farm owners ignore the risks for their livestock. Along with the aforementioned difficulties, the agriculture insurance program was also troubled by the Decision No. 62/QD-UBND of Provincial Party Committee.To support farmers, the provincial People's Committee has issued Decision No. 62/QD-UBND on funding support for disease prevention and control of animals and poultries in the province. According to this decision, the farmers will be supported VND 38,000 per kg for pigs, VND 45,000 per kg for cattle, goats, sheep, and deer being destroyed due to diseases, thus, the farmers do not need to participate in Agriculture Insurance when they are forced to destroy their livestock.This inadvertently limits the implementation agriculture insurance. To encourage farmers to join agriculture insurance, recently, the Ministry of Finance and the Ministry of Agriculture and Rural Development issued documents to guide, supplement, and amend insurance principles, premiums and clearer insurance level of responsibility to bring practical benefits to the famers joining this model. Specifically, in the field of animal husbandry, diseases being insured are expanded.For bovines, 3 diseases are insured including foot and mouth disease, fowl cholera and anthrax. For swines, 6 diseases are insured including foot and mouth disease, blue ear, erysipelas suum, paratyphoid, fowl cholera, and cholera. For poultries, 4 diseases are insured such including influenza, Newcastle, duck plague, and gumboro. Subjects of animal insurance are also expanding to cattle, dairy cattle, pigs, sows, boars, broilers and laying hens. For premiums, reduction of 5 to 50% is applied depending on the animals insured. Reported by Cao Son – Translated by Vi Bao
Farmers will get more benefits when joining agriculture insurance in the future Three districts of animal husbandry development are Ben Cat, Dau Tieng and Tan Uyen which have been chosen to be implemented with pilot agriculture insurance policies on the two objects of cows and pigs.Each district selects three communes to implement. Local budgets is to support 100% of the insurance premiums for poor households and 80% of funds for poor households. The remaining households are only required to pay 40% of the cost of insurance and the business units 80%. However, after 1 year of implementation only 10 households have participated in the program with the number of animals of 15 sows and 54 pigs with total premiums at VND 11,345,000. The difficulty of implementing agriculture insurance in Binh Duong can be easily noted out that in the past year the farmers faced up raising difficulties of prices and revenue did not cover the costs, thus, the farmers were not so interested in agriculture insurance. Another feature was that the initial products of insurance offered by the Ministry of Finance was not close enough to the actual needs of livestock production, bringing the number of pilot participants down. In large farms, due to the high construction costs of cool barn farm, the owners were forced to comply with strict animal husbandry and disease prevention, therefore, the possibility of disease in those farms was very low.Such thoughts of "safety" made the farm owners ignore the risks for their livestock. Along with the aforementioned difficulties, the agriculture insurance program was also troubled by the Decision No. 62/QD-UBND of Provincial Party Committee.To support farmers, the provincial People's Committee has issued Decision No. 62/QD-UBND on funding support for disease prevention and control of animals and poultries in the province. According to this decision, the farmers will be supported VND 38,000 per kg for pigs, VND 45,000 per kg for cattle, goats, sheep, and deer being destroyed due to diseases, thus, the farmers do not need to participate in Agriculture Insurance when they are forced to destroy their livestock.This inadvertently limits the implementation agriculture insurance. To encourage farmers to join agriculture insurance, recently, the Ministry of Finance and the Ministry of Agriculture and Rural Development issued documents to guide, supplement, and amend insurance principles, premiums and clearer insurance level of responsibility to bring practical benefits to the famers joining this model. Specifically, in the field of animal husbandry, diseases being insured are expanded.For bovines, 3 diseases are insured including foot and mouth disease, fowl cholera and anthrax. For swines, 6 diseases are insured including foot and mouth disease, blue ear, erysipelas suum, paratyphoid, fowl cholera, and cholera. For poultries, 4 diseases are insured such including influenza, Newcastle, duck plague, and gumboro. Subjects of animal insurance are also expanding to cattle, dairy cattle, pigs, sows, boars, broilers and laying hens. For premiums, reduction of 5 to 50% is applied depending on the animals insured. Reported by Cao Son – Translated by Vi Bao
