South Korea: Jeollanam Province's aquaculture disaster insurance cuts the burden of fishermen
Seafood
South Korea
게시됨 2022년 2월 8일
Tridge 요약
Jeollanam-do announced on the 23rd of last month that it plans to increase the insurance coverage rate by reducing the burden of fishermen's insurance premiums for aquaculture and marine products from 20% to 10% starting this year. The Aquaculture Disaster Insurance System is an insurance that supports the recovery of damage to aquaculture products caused by natural disasters such as typhoons and heavy rains and climate change, thereby helping fishermen to conduct business stably. Until now, 50% of the insurance premium was paid by the government, 30% by the local government, and 20% by the fishermen. However, from this year, the local subsidy rate has been increased to 40% and the burden of fishermen has been reduced to 10% in order to alleviate the burden on fishermen. As a result, it is expected that more than 2,000 fishermen, more than double the number of fishermen from last year, will purchase insurance. In fact, in the case of abalone farming, if you sign up for 100 million won in the main contract, you only have to pay 690,000 won instead of 1.38 million won out of 6.95 million won in total insurance premium. In Jeollanam-do, aquaculture disaster insurance covers 23 types including abalone, oysters, kelp, sea bass, and sea bream.
원본 콘텐츠
Jeollanam-do announced on the 23rd of last month that it plans to increase the insurance coverage rate by reducing the burden of fishermen's insurance premiums for aquaculture and marine products from 20% to 10% starting this year. The Aquaculture Disaster Insurance System is an insurance that supports the recovery of damage to aquaculture products caused by natural disasters such as typhoons and heavy rains and climate change, thereby helping fishermen to conduct business stably. Until now, 50% of the insurance premium was paid by the government, 30% by the local government, and 20% by the fishermen. However, from this year, the local subsidy rate has been increased to 40% and the burden on fishermen has been reduced to 10% in order to alleviate the burden on fishermen. As a result, it is expected that more than 2,000 fishermen, more than double the number of fishermen from last year, will purchase insurance. In fact, in ...