Identify Factors That Increased The Likelihood Of Farmers Purchasing Crop Insurance

Abstract

The research set out to determine what criteria in the India are most important to farmers when deciding whether or not to purchase agricultural insurance or invest in a mutual fund to cover risks that cannot be insured against. One reason for doing this research was to find out whether and how government programs can help farmers of different sizes and types create sustainable plans for dealing with agricultural risks. This research, unlike others that have attempted to examine agricultural insurance in isolation, aimed instead to demonstrate the connection between farmers' choices to invest in a mutual fund and their choice of agricultural insurance.