Learned from the Ministry of Finance on the 13th that the Ministry of Finance, the Ministry of Agriculture and Rural Affairs, and the State Administration of Financial Supervision and Administration jointly issued a notice stating that the implementation scope of the three major grain crops' full cost insurance and planting income insurance will be expanded to all major grain-producing counties across the country .
It is reported that my country has carried out full cost insurance and planting income insurance for the three major grain crops of rice, wheat, and corn in major grain-producing counties in some major grain-producing provinces. According to the notice, the scope of full cost insurance and planting income insurance for the three major grain crops will be further expanded this time to promote the improvement of my country's agricultural insurance protection level, stabilize the income of grain farmers, support rural revitalization, and better serve and ensure national food security.
According to the notice, full cost insurance refers to agricultural insurance whose insurance amount covers the total cost of agricultural production such as physical cost, land cost and labor cost; planting income insurance refers to agricultural insurance whose insurance amount reflects the price and output of agricultural products, and the level of protection covers agricultural planting income. Insurance. The insurance protection objects include all farmers and agricultural production and operation organizations such as moderate-scale farmers and small farmers.