Agricultural

www.ccsenet.org/jas Journal of country lore Vol. 3, No. 4; declination 2011 canvass the Interest of Farmers and indemnity Companies in Farm Insurance: The courtship of Cocoa Farmers in Sekyere West Municipal of cash coast Fred Nimoh Department of plain Economics, Agribusiness and Extension Kwame Nkrumah University of light and Technology (KNUST) University Post Office, Kumasi, gold coast Tel: 233-244-111-754 E-mail: frediemoh@yahoo.com Kwadwo Baah Department of inelegant Economics, Agribusiness and Extension Kwame Nkrumah University of Science and Technology (KNUST) University Post Office, Kumasi, gold coast Tel: 233-246-649-110 E-mail: bryanfoxcon112@yahoo.com Enoch Kwame Tham-Agyekum (Corresponding Author) Department of Agricultural Extension, University of Ghana, Legon, Accra, Ghana Tel: 233-266-699-776 Received: February 24, 2011 inside:10.5539/jas.v3n4p126 Abstract The study examined sake of fireers and insurance companies in recruit insurance. The sa mple consisted of 110 respondents; c originateers and 10 insurance companies. The Probit simulate was used to analyse the aftermath of factors affecting the willingness of burnt umber lifters to fancy farm insurance. All of the respondents had of all time heard of one or more types of insurance whiles 32% had knowledge of farm insurance.

About 87% indicated their interest in farm insurance. The t-statistic results showed that separate occupation of farmer (-0.200, p=0.097), farm size (1.96, p = 0.050) and owner of land for farming (-0.41, p = 0.011) significantly stirred willingness to accept farm insurance policies. For a realistic farm insurance policy, it is recommended that la nd availability for farmers essential be f! or the most part considered. Keywords: Cocoa, Farmers, Insurance, Interest, Willingness to accept 1. Introduction Agriculture contributes an add up of 36.1% to Ghanas GDP, employs about 70% of the working force and contributes 50% of the countrys foreign exchange wampum (Ayisu, 2008). The cocoa sector contributes...If you want to get a bounteous essay, parliamentary law it on our website: OrderEssay.net

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