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What are the types of agricultural insurance and how to classify them?
Agricultural insurance (hereinafter referred to as "agricultural insurance") is an insurance that provides protection for agricultural producers' economic losses caused by natural disasters, accidents, epidemics, diseases and other insurance accidents in the process of planting, forestry, animal husbandry and fishery production.
20 12 article 2 of the regulations on agricultural insurance stipulates: "the agricultural insurance mentioned in these regulations refers to the insurance activities in which an insurance company undertakes to compensate for the property losses caused by the agreed natural disasters, accidents, epidemics or diseases in the agricultural production process according to the agricultural insurance contract. Agriculture as mentioned in these Regulations refers to farming, forestry, animal husbandry, fishery and other industries. "
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