In practice, agricultural or crop insurance is really an adjunct to a whole set of risk management measures of which adequate farm management practices constitute the most important. Insurance by itself is no substitute for good production practice. The test of a good insurance programme is the cost versus the expected benefits and the sustainability thereof.
Diverse Objectives for Value Chain Analysis
Identify existing gaps and inefficiencies by analyzing cost structure of the system and seek ways to reduce these costs and increase productivity
To understand and improve the positions of certain stakeholders
Unlocking additional value in the supply chain
AGRICULTURE Ex. RICE – PLANTING SEASON Seedings Planting Nurturing or Growing Harvesting Pests Excessive Pesticide Fire Irrigation | | CAT Perils (EQ, TYPHOON, FLOOD) Optional: Landslide on hillside plots Volcanic Eruption Near active volcanoes (to include volcanic ash damage, lahar, etc.. | | | | | | | | | | | | | |