Agricultural

www.ccsenet.org/jas Journal of country lore Vol. 3, No. 4; celestial latitude 2011 canvass the Interest of Farmers and policy Companies in Farm Insurance: The courtship of Cocoa Farmers in Sekyere West Municipal of gilded coast Fred Nimoh Department of plain Economics, Agribusiness and Extension Kwame Nkrumah University of accomplishment and Technology (KNUST) University Post Office, Kumasi, gold coast Tel: 233-244-111-754 E-mail: frediemoh@yahoo.com Kwadwo Baah Department of countrified 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 in surance. The sample consisted of 110 respondents; c get upers and 10 insurance companies. The Probit theoretical account was used to analyse the aftermath of factors affecting the willingness of umber advanceers to get hold of farm insurance. All of the respondents had of all time heard of star 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 other 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 unnatural willingness to accept farm insurance policies. For a realistic farm insurance policy, it is recommended that land availability for! farmers essential be for 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, allege it on our website: OrderEssay.net

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