Hamyang-gun Begins Enrollment for 'Onion and Garlic' Crop Disaster Insurance

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Hamyang County Office building exterior view

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Hamyang-gun, Gyeongnam announced on the 15th that it will start enrolling in crop disaster insurance for ‘onions and garlic’ until November 26.

‘Crop disaster insurance’ is a government-subsidized project promoted to ensure safe farming activities, alleviate farmers' management instability, and stabilize farmers' income, as unpredictable weather conditions due to recent abnormal climate phenomena are increasing day by day.

Hamyang-gun’s onions, with a cultivation area of approximately 723 hectares as of 2019, generate a total income of about 30 billion KRW, making them the county’s main income crop. This insurance is expected to greatly contribute to alleviating farmers' anxiety caused by abnormal weather.

The county’s crop disaster insurance subscription rate has been increasing annually: 25.3% in 2018, 34.6% in 2019, and 36.3% in 2020. This trend is attributed not only to the frequent natural disasters such as typhoons, heavy rains, and heatwaves over the past three years but also to the county’s active promotion and improved support system for damage compensation.

The coverage level of crop disaster insurance varies from 60% to 90% of the insured amount, considering the insurance product details and farmers’ payment capacity. Farmers who wish to enroll can visit their local agricultural cooperative for consultation and subscription.

A county official stated, “The importance of crop disaster insurance is growing due to recent unexpected natural disasters,” and added, “We urge farmers to take an interest in crop disaster insurance and actively enroll to prepare for unforeseen natural disasters that may occur at any time.”

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