Advantages and disadvantages of agricultural insurance model in western Europe

Advantages and disadvantages are as follows:

1. Advantages: Western Europe's agricultural insurance model reduces the risks and losses faced by individual farmers by concentrating and dispersing farmers' risks. This helps to protect farmers from uncontrollable factors such as natural disasters, climate change and market fluctuations.

2. Disadvantages: Western European agricultural insurance needs to invest a lot of money and resources, including the operating costs of insurance companies and the insurance costs of farmers. It makes the insurance cost higher, which is unbearable for some farmers with poor economic conditions.