Data from Syiah Kuala University Update Knowledge in Animal Science (Analysis factors that affect participant interest in cattle farm business insurance in Indonesia): Agriculture – Animal Science

2023 JUN 05 (NewsRx) -- By a News Reporter-Staff News Editor at Agriculture Daily -- Current study results on animal science have been published. According to news originating from Syiah Kuala University by NewsRx correspondents, research stated, “The Cattle Business Insurance Program is a protection cow yields program launched by the government to anticipate the risk of loss of farmer due to crop failure. The government started this program in 2015 by working together with an insurance company PT.”

The news reporters obtained a quote from the research from Syiah Kuala University: “Jasindo. This program is beneficial for farmer in Indonesia. Unfortunately, the impact of this program is still having a negligible effect on society because there is still a lack of attraction from the farmer to follow this insurance program. This research has a purpose in analyzing factors that caused the farmera€™s interest, making them want to join this insurance. We use a structural equation model (SEM) of data that has been obtained to provide the method. Based on the results, we can conclude that the accuracy factor is a dominant factor that influences the farmera€™s decision to join the AUTS program.”

According to the news editors, the research concluded: “This insurance has been beneficial in developing a better Cattle business insurance program in the future and motivates farmer to join this insurance. For insurance companies, this research has provided information for companies interested in opening similar and better insurance programs to increase the enthusiasm of local farmer and national cattle productions.”

For more information on this research see: Analysis factors that affect participant interest in cattle farm business insurance in Indonesia. Jurnal Ilmu-Ilmu Peternakan, 2022,32(1):52-60. (Jurnal Ilmu-Ilmu Peternakan - http://jiip.ub.ac.id/index.php/jiip/index). The publisher for Jurnal Ilmu-Ilmu Peternakan is Fakultas Peternakan Universitas Brawijaya.

A free version of this journal article is available at https://doi.org/10.21776/ub.jiip.2022.032.01.06.

Our news journalists report that more information may be obtained by contacting Ikhsan Maulidi, Syiah Kuala University.

(Our reports deliver fact-based news of research and discoveries from around the world.)