scholarly journals The influence of crop insurance agents on coverage choices: The role of agent competition

2020 ◽  
Vol 51 (4) ◽  
pp. 623-638
Author(s):  
Nathan D. DeLay ◽  
Hayley H. Chouinard ◽  
Cory G. Walters ◽  
Philip R. Wandschneider
Keyword(s):  
Crop Insurance ◽  
Insurance Agents

scholarly journals Time versus State in Insurance: Experimental Evidence from Contract Farming in Kenya

2018 ◽  
Vol 108 (12) ◽  
pp. 3778-3813 ◽  
Author(s):  
Lorenzo Casaburi ◽  
Jack Willis
Keyword(s):  
Crop Insurance ◽  
Counterparty Risk ◽  
Harvest Time ◽  
Contract Farming ◽  
Present Bias ◽  
The Poor ◽  
Percentage Points ◽  
Randomized Control ◽  
The Difference

The gains from insurance arise from the transfer of income across states. Yet, by requiring that the premium be paid up front, standard insurance products also transfer income across time. We show that this intertemporal transfer can help explain low insurance demand, especially among the poor, and in a randomized control trial in Kenya we test a crop insurance product which removes it. The product is interlinked with a contract farming scheme: as with other inputs, the buyer of the crop offers the insurance and deducts the premium from farmer revenues at harvest time. The take-up rate for pay-at-harvest insurance is 72 percent, compared to 5 percent for the standard pay-up-front contract, and the difference is largest among poorer farmers. Additional experiments and outcomes provide evidence on the role of liquidity constraints, present bias, and counterparty risk, and find that enabling farmers to commit to pay the premium just 1 month later increases demand by 21 percentage points. (JEL G22, I32, O13, O16, Q12, Q14)

The role of crop insurance in reducing pesticide use: Evidence from rice farmers in China

2022 ◽  
Vol 306 ◽  
pp. 114456
Author(s):  
Houjian Li ◽  
Kaihua Yuan ◽  
Andi Cao ◽  
Xuemei Zhao ◽  
Lili Guo
Keyword(s):  
Crop Insurance ◽  
Pesticide Use ◽  
Rice Farmers

Role of Socio-Economic Variables on Adoption of Crop Insurance Schemes

2017 ◽  
Author(s):  
Mrinali Kumari ◽  
Krishna M. Singh ◽  
Rewati Raman Mishra ◽  
D. K. Sinha ◽  
Nasim Ahmad
Keyword(s):  
Crop Insurance ◽  
Economic Variables ◽  
Socio Economic Variables

scholarly journals Special Issue on Crop Insurance and Risk Management

2008 ◽  
Vol 37 (1) ◽  
pp. iii-iv
Author(s):  
Calum G. Turvey
Keyword(s):  
Risk Management ◽  
Crop Insurance ◽  
Special Issue ◽  
Management Tools ◽  
Market Risks ◽  
The World ◽  
Mutual Interest ◽  
Management Workshop ◽  
The U.S

The role of crop insurance and new risk management tools for agriculture is evolving at an almost dizzying pace. One needs only to examine recent postings on the Risk Management Agency's website to see how expansive this is. Moreover, throughout the world we are witness to a host of new programs available in both developed and developing countries that are largely based on the U.S. experience. It is necessary that academics first recognize the scope of issues facing production and market risks in agriculture and then respond with new and creative ways to address the problems. To these needs, the Crop Insurance and Risk Management Workshop—the provenance of the papers in this volume—was designed to bring academics with research and extension responsibilities together with industry to explore this ever-changing landscape and discuss research and outreach of mutual interest.

scholarly journals The role of health insurance in the coverage of oral health care in Senegal

2018 ◽  
Vol 9 (3) ◽  
Author(s):  
Mbathio Diop ◽  
Aida Kanouté ◽  
Massamba Diouf ◽  
Amadou Diaw Ndiaye ◽  
Cheikh Mouhamadou Mbacké Lo ◽  
...  
Keyword(s):  
Health Care ◽  
Health Insurance ◽  
Oral Health ◽  
Health Spending ◽  
Oral Health Care ◽  
Oral Diseases ◽  
Self Medication ◽  
Oral Infections ◽  
Insurance Agents

Oral diseases costs are among the most expensive health care benefits. In Senegal, households contribute up to 37.6% of the national health spending through direct payments. The aim of this work was to study the role of health insurance in the coverage of oral health care in Senegal. The study was based on health insurance agents and policyholders. The study reveals that oral health care coverage through health insurance still does not meet requirements for treatment of oral infections. In financial terms, oral health care costs health insurance too much. As a result, carriers cover them partially. On top of that, the majority of the population’s lack of knowledge about mutual, because they have a little background on oral health care, the latter weighs heavily on health insurance leading to the use of self-medication, traditional medicine and handicraft prosthetists. The analysis reveals an unequal access to oral health care through the health insurance system. To bring under control the expenditure for oral health care, carriers and dental surgeons must work together to raise the populations’ awareness on community solidarity.

Crop Insurance in India – Past, Present&Future

2002 ◽  
Vol 6 (2) ◽  
pp. 29-39 ◽  
Author(s):  
K. N. Rao
Keyword(s):  
Crop Insurance ◽  
Single Point ◽  
Social Benefits ◽  
Insurance Scheme ◽  
Agricultural Insurance ◽  
Farming Community ◽  
The Social ◽  
Increase Productivity ◽  
The Government

In a country like India where nearly 2/3rd of the population depends on agriculture for their livelihood and agriculture is prone to the vagaries of nature, crop insurance has to play the role of a vital institution. Crop insurance itself cannot increase productivity or be a source of financing, but it can play a role in enhancing both. The Comprehensive Crop Insurance Scheme (CCIS) introduced during the VIIth Five-year plan period, despite its shortcomings, farmers received nearly 6 times the premium as claims, but the coverage could not go beyond 5% of the total farming community. The National Agricultural Insurance Scheme (NAIS), which replaced CCIS w.e.f. 1999–00, is an improved version. All successful crop insurance programs worldwide are actively supported and financed by governments and the case is no different for India, as the social benefits outweigh the social costs. The government has two immediate tasks. One, to streamline the financing of crop insurance through single point subsidy and allow the program to run professionally. And second, to improve the scheme substantially through such measures as covering post harvest losses, package policies, reduction of size of insurance unit, streamlining agricultural relief, setting up an exclusive organisation for implementation.

scholarly journals PERAN KERJA KERAS DAN KERJA CERDAS MELALUI MOTIVASI KERJA DALAM MENINGKATKAN KINERJA KARYAWAN AGENT ASURANSI (Studi Pada PT. Prudential Life Assurance Surabaya)

2020 ◽  
Vol 13 (2) ◽  
pp. 99-112
Author(s):  
Rudi Hartono ◽  
Mochammad Isa Anshori
Keyword(s):  
Sampling Method ◽  
Work Motivation ◽  
Hard Work ◽  
Insurance Agents ◽  
Life Assurance ◽  
Insurance Agent ◽  
Independent Variable ◽  
Indirect Relationship ◽  
Dominant Influence

This study aims to empirically examine the role of hard work and smart work through work motivation in improving the performance of insurance agents PT. Prudential Life Assurance Surabaya, this analysis uses an independent variable that is the variable of hard work, smart work and work motivation. For the dependent variable is the performance of the sample of this study is the insurance agent PT. Prudential Life Assurance Surabaya Titans Surabaya office unit. The sample is done by random sampling method. Collecting data by distributing questionnaires directly to insurance agents as many as 91 respondents. The statistical method uses multiple linear analysis, by testing the hypothesis R test, t test and f test. the results of this study indicate that hard work, smart work and work motivation have a positive and significant effect on the performance of insurance agents, and the most dominant influence is an indirect relationship with the performance of insurance agents.

ENHANCING ISLAMIC BUSINESS ETHIC OF INSURANCE UNDERSTANDING TOWARDSHIGH QUALITY FINANCIAL ADVICE AMONGSTTAKAFUL AGENTS

El Dinar ◽  
2015 ◽  
Vol 3 (2) ◽  
Author(s):  
Adi Anuar Azmin ◽  
Azizi Abu Bakar ◽  
Abdullah Hj. Abd Ghani ◽  
Hanita Kadir
Keyword(s):  
Financial Services ◽  
Ethical Problem ◽  
Financial Advice ◽  
Insurance Agents ◽  
Financial Gain ◽  
Long Run ◽  
Islamic Financial Institutions ◽  
Modern Business ◽  
Islamic Principle

<p>In modern business, one way to reduce risk of damage caused by accidents, illness, ordeath is through insurance. This concept does not necessarily contradict with Islamic principle as it also highlights the importance of high moral standing and high ethics level practiced by individuals. In particular, for insurance agents who have better positions in havingpersonal contacts with consumers, Cooper and Frank (1990) argue that the key ethical problem for agents was due to lack of knowledge or skills to competently perform one's duties as well as conflicts of interests between their duties andopportunities for personal financial gain. A Malaysianstudy by Mohamad and Mohd (2009) revealed that <em>Takaful</em> agents are the major source of information to create awareness. However, the basic concept of <em>Takaful</em>is still very ambiguous among <em>Takaful </em>agents, thus, it would influence the quality of advice delivered to customers.The role of <em>Takaful</em> agents is undeniable especially during the recent enforcement of Islamic Financial Services Act (IFSA 2013), introduced by Malaysian government. The enforcement whichrequires Islamic financial institutions to fully comply to<em>Sharia</em>principles would mostly affectthe Takaful and conventional market.One of the <em>Sharia</em>principles is transparency. The new legislations thus enhance the level of confidence among stakeholders. The concept paper attempts to embark the role of Islamic business practice indetermining financial advice among <em>Takaful</em> agents. If they fully appreciate the<em> Takaful</em>concept, the financial advice to customers could be improved which will gradually boost the Malaysian <em>Takaful</em> industry in the long run.</p>

scholarly journals MICRO INSURANCE: A TOOL FOR DEVELOPMENT OF RURAL INDIA AND THE CHALLENGES FOR ITS IMPLEMENTATION

2021 ◽  
pp. 19-21
Author(s):  
Seena P. C
Keyword(s):  
Low Income ◽  
Poor People ◽  
Low Literacy ◽  
Literacy Rate ◽  
Public And Private ◽  
Insurance Agents ◽  
The People ◽  
Business Perspective ◽  
Micro Insurance

Micro-insurance is originated for the protection of poor and low income people,with feasible insurance schemes to help them to survive and recover from common risks. The main aim of micro insurance is not only to promote business perspective but also to the rural development of our country and the protection of poor people. India is developing country hence 70% of the population is still rural, very poor, poor health and low literacy rate. Micro insurance is an essential part of the financial sector and it assists the people to diversify their risks.It is essential to develop insurance awareness among the people in the each and every corner of our country particularly remote area.The present study focussed the importance of micro insurance for the development of rural people.This paper also discuss about the micro insurance products and the role of various public and private micro insurance agents for the upliftment of rural and poor people.

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