Recently, Cocoontarget priceThe insurance was launched in Jinzhai County, providing 339,100 yuan of risk protection for the Senheyuan Sericulture Family Farm in Jinzhai County.
The silkworm industry is the traditional advantageous and characteristic industry of Lu’an City, and its foundation It is good, efficient and highly recognized by farmers. The Lu’an Municipal Party Committee and Municipal Government have listed it as one of the leading industries of the “6969” project to improve agricultural quality and efficiency during the “14th Five-Year Plan” period in Lu’an City.
Senheyuan Sericulture Family Farm in Jinzhai County is a relatively large-scale local enterprise. A large silkworm breeding farm, it has established 32 standardized silkworm sheds covering an area of 3,200 square meters, raising more than 300 silkworms throughout the year, and generating an annual income of more than 200,000 yuan. The farm mainly faces two risks during the silkworm breeding process. One is silkworm diseases caused by changes in environment and temperature, and the other is the drop in the price of silkworm cocoons. Silkworm breeding insurance provided support for the death of silkworms during the silkworm breeding process on the farm, but it could not protect the risks caused by the drop in cocoon prices. Nowadays, the launch of cocoon target price insurance has successfully made up for this problem, forming a series of risk protection from silkworm breeding to cocoon sales.
At present, a total of 16,000 households in Lu’an City are engaged in silkworm breeding , which contains more than 500 businesses and family farms. The city’s silkworm industry has a total of 115,000 policies. Although silkworm breeding insurance has greatly reduced the losses of silkworm farmers during the breeding process, it cannot provide risk protection for the price of silkworm cocoons. The increase or decrease in the price of silkworm cocoons is a reflection of market behavior, and silkworm farmers cannot predict it. If the price of silkworm cocoons is on the market in the current season, it will cause operating losses for silkworm farmers, affect the enthusiasm of silkworm farmers to further plant mulberry and raise silkworms, and hinder the development of the local silkworm industry. Further development.
In order to promote “agricultural insurance +” service innovation, Guoyuan Insurance Lu’an Central Branch explored the launch of “cocoon target price insurance” to diversify agricultural product price and income risks, achieving a transformation from single natural risk protection to “natural risk + market risk” protection. It further protects the interests of the majority of silkworm farmers and stabilizes the income expectations of silkworm cocoons.
It is reported that Guoyuan Insurance Lu’an Center Branch has previously Local farmers underwrite “silkworm breeding insurance” to protect silkworms from death due to natural disasters, accidents and diseases. The “Cocoon Target Price Insurance” launched this time is a superimposed risk protection on the basis of breeding insurance. Farmers only need to pay 20% of the overall premium, or 24.22 yuan per piece, to obtain insurance protection of 2,422.5 yuan per piece. During the insurance period, when the purchase price of silkworm cocoons is lower than the agreed price, the insurance company will pay compensation in accordance with the insurance contract.
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