Uman NUH | today: 12/21/2024
| Author(s) |
Bechko P.K., Candidate of Economics, , Uman National University of Horticulture, Ukraine Nepochatenko E.A., Candidate of Economics Sciences, , Uman National University of Horticulture, Ukraine Lysa N.V., Candidate of Economics Sciences, , Uman National University of Horticulture, Ukraine Пономаренко О. В., , , Трушевський О. О., , , |
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| Category | Economics | ||
| year | 2023 | issue | Issue number 102. Part 2 |
| pages | 182-193 | index UDK | 368.5 | DOI | 10.32782/2415-8240-2023-102-2-182-193 (Link) |
| Abstract | The agrarian sector is a key, vital and the most risky sector due to its specific reproduction process, which is closely related to natural, climatic and biological conditions. The protection of property of agricultural business entities is one of the priority tasks of state policy, which can ensure the country's food security and the functioning of economic entities on a self-financing and self-sufficiency basis. The study of the history of property insurance of agrarians is an important methodological approach to its improvement in order to summarize both positive and negative aspects of this process and, on this basis, to develop methodological approaches for their adaptation to modern insurance practice. Researching the historical development of property insurance for agricultural businesses can provide insights into the evolution of insurance products and practices in the agricultural sector. It can help identify key milestones, changes in coverage, and the emergence of new risk management strategies. The property coverage of agricultural business entities is one of the priority tasks of the State policy which can ensure food security of the country and the functioning of economic entities on the basis of self-financing and self-sufficiency. Agricultural businesses are exposed to a variety of risks, including natural disasters, extreme weather, pests, and market fluctuations. These risks can cause significant property damage, crop loss, livestock deaths, and economic hardship for farmers. Property insurance provides a financial safety net to help farmers recover from these risks and maintain their operations. The article examines the history of agricultural property insurance and reveals that the main components of the insurance protection system have been repeatedly transformed under the influence of changes in the objectives and functions assigned to the insurance mechanism in the field of agricultural production. The author substantiates the scientific provisions and practical recommendations for improving methodological approaches to property agricultural insurance | ||
| Key words | agricultural insurance, agricultural business, property insurance, compulsory insurance, voluntary insurance, history of insurance | ||