Beijing vigorously promotes agricultural insurance policies

Agricultural machinery policy insurance is an important part of agricultural insurance. Effectively carrying out agricultural machinery policy insurance work, implementing this policy of strong agriculture and benefiting farmers is conducive to timely prevention, resolution and proper handling of agricultural machinery accidents, and is conducive to strengthening farm machinery and agricultural machinery. The ability of the service organization to resist risks and resume production has safeguarded the urban modern agriculture development in Beijing.

Since 2011, Beijing has implemented a policy on agricultural machinery policy insurance to provide a full range of insurance coverage for tractors and combine harvesters, including agricultural insurance loss insurance, agricultural machinery personnel liability insurance and agricultural machinery third party liability insurance. The premiums are 50% of municipal subsidies and 20% to 40% of regional (county) cumulative subsidies. While reducing the burden on farmers, they have effectively reduced the risk of agricultural production and have been welcomed by the majority of farmers. They evaluate agricultural insurance policies.” The government subsidy promotes harmony and the farmers' income is resistant to risks."

In 2012, the municipal agricultural supervision station increased the publicity and promotion of agricultural policy insurance. By the end of October, the city had purchased 1402 agricultural machines, which was 2.07 times of the total number of insurances last year, including 473 tractors and 929 combine harvesters. The total amount of insurance was 267 million yuan, and the premium was 687,700 yuan, of which municipal subsidies were 344,300 yuan, district and county subsidies were 201,300 yuan, and the farmers were conceited by 143,100 yuan. The insurance company received 18 reports, which was 2.57 times the number of cases reported last year; 14 cases had been settled, and 407,700 yuan had been compensated; 4 cases had been closed, and the estimated amount of compensation was 93,100 yuan, effectively reducing the burden on farmers.

While advancing the agricultural insurance policies, the Beijing Agricultural Machinery Supervision Agency linked it with the registration of agricultural machinery and the annual inspection work, which effectively increased the licensing rate and annual inspection rate of agricultural machinery, and effectively promoted the stability of the agricultural production safety situation in the city.