The province of heilongjiang, which is the province of china's chinese medicine grower, has a natural advantage in the development of the sector, thanks to its vast and fertile black-earth resources, the climatic conditions in which the slabs and blue roots grow, as well as the mature technology of scale cultivation. Not only is it an important production area for the country's chinese roots, but it also underpins the stable supply of the domestic market for chinese medicines. Among them, zhang zhang, a farmer in the 8th village of durbert county, was born to actively participate in the planting of plaque and this time insured over 1,000 acres of plaster for commercial chinese medicine cultivation - this is heilongjiang province's first single-board blue root cost insurance, with a total premium of $25,000 and a total premium of $500,000. This is a vivid microcosm of the scale and normative development of the sector, and more directly reflects the importance that farmers attach to the growth of niche farming, as well as the high level of recognition that insurance instruments guarantee production and reduce risk。
First drop fills the blanks, and the blue root guarantees a new journey
The initial cost insurance coverage of more than 1,000 acres of plate blue root in eight villages marked the official landing of exclusive cost risk guarantees in the area of plate blue root cultivation in heilongjiang province. The insurance directly fills the risk-insurance gap in the ground root cultivation, integrates financial insurance instruments with specialty farming depths, provides a completely new solution to the traditional problem of chinese pharmacist cultivation, stabilizes farmers' expectations for cultivation, and provides useful lessons for the construction of a system of insurance for the risks of chinese pharmacist cultivation in other productive areas。
Precision of safety lines to secure farmers network
The blue root cost insurance introduced by the china life financial insurance corporation, dumont county, focuses precisely on the core risks in the farming process. The scope of the safeguards clearly covers four categories: first, heavy rains, floods (with the exception of government floods), internal flooding, wind disasters, hail disasters, freezing, drought and earthquakes; second, accidents such as fires, mudslides, landslides; third, pest and grass-root; and fourth, wildlife damage. When the above-mentioned circumstances result in the loss of the medicine in the insurance and the loss rate is 20 per cent or more, the insurer is liable under the terms of the insurance contract. At the same time, the amount of the insurance per acre is determined by reference to the physical costs incurred during the growth of the medicine in the insurance, and it is possible to compensate farmers for the actual planting costs incurred in a timely manner after the risk has occurred, effectively avoiding “one year of disaster, many years of poverty”, and effectively maintaining the farmers' “money bags” so that they can put aside their concerns and grow with peace of mind。
Education and empowerment to change attitudes, farmers taking active insurance
The successful landing of first-board blue root insurance is inextricably linked to a significant increase in farm household insurance awareness. Prior to this, the joint insurance company of the dülbert financial supervisory authority took the initiative to sink its services, continuing its financial consumer awareness work in rural areas. Through field presentations, interpretation of typical claims cases, issuance of insurance manuals and so forth, farmers have become aware of the role of insurance as a “stabler” for agricultural production, and the concept of insurance has shifted from “passive acceptance” to “active demand” today. The behaviour of farmers who are inherently proactive in contacting insurance companies to consult and insure against the costs of the plate is a direct reflection of the important shift in local agricultural risk management concepts。
Regulatory insurance and innovative products to support farmers hing
The launch of this innovative insurance product was backed by a collaborative effort between the jubilee financial subdirectorate, the durbert financial supervisory authority and insurance companies. On the one hand, the dülbert financial supervisory authority is based on the county agricultural industry, with precision in managing farmers ' demand for risk protection in the area of specialty farming, and through policy direction and direction, it promotes insurance companies to focus on the urgent needs of farmers and to align policy orientation with the real needs of the market. On the other hand, insurance companies actively follow up on regulatory requirements, form professional teams to reach out to the blue roots, investigate the cost composition of the whole process, risk nodes and loss measurement criteria, and eventually target the cost insurance product. This process both fully reflects the fundamental orientation of the real economy of financial services and provides a replicable and replicable example of practice for innovative development of special agricultural insurance products across the province. (landan dan)
