Research on Village Collective Economic Income Insurance——Based on a Survey of Huai’an

Abstract

Village collective economic income insurance takes “administrative village” as applicant and insured and “collective economic income of village” as insured object. When village collective economic income is lower than the target income due to natural disasters, accidents, liability for breach of contract, market conditions and economic environment, the insurance company will be liable for the compensation according to the contract. A survey of Huai’an, the first pilot city of this insurance, shows that the village collective economic income insurance has played a certain role in promoting the village collective economic development, but still has some problems need to be overcame, such as limited insured, imperfect design, inadequate publicity, backward technology and means, and chaotic management. In the future, more attentions should be paid to differentiated design, precise publicity, digital application, standardized operation and scientific management, in order to improve the effect of guarantee of the village collective economic income insurance.