Jeongeup-si, 'Rice Crop Disaster Insurance' Enrollment Open Until the 21st

Jeongeup City in Jeonbuk announced on the 10th that it is actively encouraging rice farmers to enroll in the 'Rice Crop Disaster Insurance.'

The city urges farmers to subscribe to the 'Rice Crop Disaster Insurance' to prepare for natural disaster risks and to focus on stable farming.

2024 Crop Disaster Insurance Sales Schedule Poster. [Photo by Jeongeup City]

The enrollment deadline is the 21st of this month.

The rice disaster insurance system provides compensation to farmers when damage occurs due to natural disasters such as typhoons, droughts, and heavy rains, helping to stabilize farm management.

Additionally, if farmers subscribe to the pest and disease special coverage, damages caused by pests and diseases are also covered. The covered pests and diseases include seven types: bacterial leaf blight, rice planthopper, rice blast, stripe leaf blight, rice false smut, brown stink bug, and bacterial grain rot.

To reduce the financial burden on farmers, 84% of the insurance premium is supported by the government and local authorities, with farmers only responsible for 16%.

Last year, 1,919 farms covering 11,628 hectares enrolled in the 'Rice Disaster Insurance,' and 1,150 farms covering 1,630 hectares that suffered damage from heavy rain and typhoons received insurance payouts, which greatly helped stabilize their management.

A city official stated, "To safely manage agriculture despite unpredictable natural disasters, it is essential to enroll in crop-specific disaster insurance."

Jeongeup = Asia Economy Honam Reporting Headquarters, Reporter Kim Jaegil baekok@asiae.co.kr

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