Study of influential factors on acceptance of agricultural and horticultural products insurance

Detection of influential variables on acceptance of agricultural and horticultural products insurance by farmers can improve the proper policy making processes in this section. In this study, several variables such as bank loans beneficiation, number of family members, cultivation area (ha), damage compensation, participation to promotion classes, farming experiences (year), education level, age, income source, and awareness of farmers regarding the agricultural products insurance was taken in to consideration as the basic variables in admission or rejection of insurance of the citrus and paddy products in Sari and Ghaemshahr townships. Logit model results indicated that some variables such as number of family members, education level and income source had direct and significant effect on the citrus insurance acceptance by farmers whereas some other variables such as cultivation area showed the inverse significant effect in this regards. Furthermore, in case of paddy farmers, variables such as age, bank loans beneficiation and income level directly and significantly affected the insurance acceptance whereas, numbers of family members have a negative effect in this regards.