Yeonggwang-gun, 'Chili Crop Disaster Insurance' Enrollment Open Until the 23rd of Next Month

[Asia Economy Honam Reporting Headquarters Reporter Jeon Seong] Yeonggwang-gun, Jeollanam-do (Governor Kim Jun-seong) announced on the 23rd that farmers can subscribe to the 'Chili Crop Disaster Insurance' through local agricultural cooperatives until the 22nd of next month.

The chili crop disaster insurance broadly covers damage caused by natural disasters such as typhoons, strong winds, and heavy rains, including leaf fall and pest damage.

Last year, despite consecutive typhoon damages, 11.2 billion KRW was paid as disaster damage insurance to 2,686 farming households, helping stabilize their management.

The insurance premium is supported by 50% from the national government, 10% from the provincial government, and 20% from the county government. Additionally, since 2017, the county has provided an extra 10% support so that farmers can engage in agriculture stably, covering 90% of the insurance premium.

A county official stated, “Crop disaster insurance is not a choice but a necessity to prepare for unpredictable natural disaster damages such as heavy rains, typhoons, and strong winds,” and added, “We will promote the necessity of crop disaster insurance so that more farming households can subscribe.”

The county’s main product, rice, is scheduled to be sold next month, and for disaster insurance subscription, farmers should check the sales period by item and subscribe at the local agricultural cooperative in their farmland area.

This content was produced with the assistance of AI translation services.