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Crop planting insurance method

A technology for crops and insurance companies, applied in the fields of botanical equipment and methods, horticultural methods, horticulture, etc., can solve the problems of increasing the risk of unreasonable claims settlement, consuming resources (manpower, inefficiency, etc.), avoiding manual intervention and moral hazard, Improve claims efficiency and reduce operating costs

Inactive Publication Date: 2014-05-07
WUHAN HEXUN AGRI INFORMATION TECH
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0008] 3. In most cases, manual on-site inspection of damage can accurately assess the degree of damage
[0010] 1. After a disaster occurs, the insurance company needs to go to the planting site for manual survey to determine the loss, which is time-consuming and laborious;
[0011] 2. Insurance companies have to manually investigate losses, which introduces moral hazard and human factors, increasing the risk of unreasonable claims and affecting the reputation of insurance companies;
When a disaster occurs, the impact area is very wide. When determining the damage, it is necessary to manually investigate one by one on the spot, evaluate the degree of damage (predict the loss) and measure the loss area. When a disaster occurs, it is necessary to obtain the degree of loss and the area of ​​the insured area in a short time, which creates a huge contradiction with the limited human resources of the insurance company. The process of claim settlement (loss assessment + claim settlement) often takes one to two months, sometimes even longer
Not only consumes a lot of resources (manpower, material resources, financial resources), but also has low efficiency
Existing crop cultivation insurance methods are not only difficult to implement in some cases, but also time-consuming
[0013] Therefore, it is necessary for us to design a new insurance method to solve the problem that the existing crop cultivation insurance method is not easy to implement and takes a long time

Method used

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Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0028] A kind of crop planting insurance method, it comprises the steps:

[0029] 1) Determine crops, risk factors, market prices of crops, and average yield of crops; said risk factors are one or more of temperature, precipitation, consecutive days without precipitation, wind speed, snowfall, light, and price. For example, farmer A wants to protect the low temperature risk of his cabbage, then the insured crop is cabbage, and the risk factor is temperature. If farmer B wants to protect the price risk of his soybeans, then the insured crop is soybeans, and the risk factor is price.

[0030] 2) According to crop varieties, planting techniques, and crop cultivation professional or market-recognized research results, find the critical risk factor value that causes irreversible damage to crop growth to determine the risk factor threshold that triggers crop loss, or the producer’s sales revenue will not be able to The price of the agricultural product at the time of making up the ...

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PUM

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Abstract

The invention relates to a crop planting insurance method. The insurance method comprises the steps as follows: 1) determining crops, risk factors, market prices of the crops and average yields per unit of the crops; 2) determining risk factor thresholds triggering loss of the crops; 3) building probability density distribution of the risk factors; 4) obtaining an expected compensation amount per unit d according to a crop price a, a crop average yield per unit b and a compensation discount rate c; 5) determining an insurance quote per unit area F and compensation triggering conditions according to a probability density p, the expected compensation amount per unit d and an insurance company expected gross margin R; 6) when the risk factors meet the triggering conditions, insurance companies pay insurance money to eligible insurant accounts to complete settlement of claims. The insurance method has the benefits as follows: 1, manual loss assessment is not required, and operating costs of insurance products are reduced; 2, settlement of claims can be performed automatically, and manual intervention and moral hazards are avoided, so that the settlement of claims is more rapid and reasonable.

Description

technical field [0001] The invention belongs to the field of insurance products, in particular to a crop planting insurance method. Background technique [0002] The existing crop planting insurance methods are mainly based on the traditional actuarial theory, that is, the insurance premiums and compensations are actuarially calculated based on the statistical data of losses of various crops (insured objects) in the past. [0003] The existing crop planting insurance claims process is that after the loss occurs, the policyholder submits an application, and the insurance agency sends a representative to investigate, and try to use direct (calculate the value of the insured due to the risk of loss of function) or indirect method (Assuming that the value-added of the insured is terminated due to loss, the economic income obtained from selling the insured in the future) determines the amount of loss. Based on the amount of loss, the insurance agency will compensate the policyho...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): A01G1/00A01G7/00
Inventor 向涛
Owner WUHAN HEXUN AGRI INFORMATION TECH
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