Proceedings of the 3rd International Conference on Agriculture (ICA 2022)

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The Attributes of Insurance Product as Determinant Factors of Coffee Farmers’ Participation in Agricultural Insurance’

Authors
Mirza Andrian Syah1, *, Wahyu Dyah Prastiwi2, Wahyu Santoso1, Mukson2
1Department of Agribusiness, Faculty of Agriculture, University of Pembangunan Nasional Veteran Jawa Timur, Jl Raya Rungkut Madya, Surabaya, 60294, East Java, Indonesia
2Agribusiness Study Program, Diponegoro University, Semarang, 50275, Central Java, Indonesia
*Corresponding author. Email: mirza.a.agribis@upnjatim.ac.id
Corresponding Author
Mirza Andrian Syah
Available Online 23 May 2023.
DOI
10.2991/978-94-6463-168-5_16How to use a DOI?
Keywords
Agricultural Insurance; Coffee Farmers; Participation Intention; Product Attributes
Abstract

This research aimed to analyze the product attributes of agricultural insurance as determinant factors of coffee farmers’ intention to participate in agricultural insurance. The product attributes are namely premium cost, insurance coverage, insurance requirements term, compensation value, and claim process. The research was conducted in Sumowono and Jambu District Semarang Regency of Central Java using survey method with 105 respondents in total. Binary Logistic Regression was used to analyze the research purpose. The result showed that the determinant factors were significantly influenced farmers’ intention to participate in agricultural insurance, and respondents tend to choose participating in agricultural insurance despite the lack socialization process of agricultural insurance procedures before. This research underlined the importance of designing appropriate agricultural insurance scheme specifically related to premium cost and subsidy.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 3rd International Conference on Agriculture (ICA 2022)
Series
Advances in Biological Sciences Research
Publication Date
23 May 2023
ISBN
978-94-6463-168-5
ISSN
2468-5747
DOI
10.2991/978-94-6463-168-5_16How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Mirza Andrian Syah
AU  - Wahyu Dyah Prastiwi
AU  - Wahyu Santoso
AU  - Mukson
PY  - 2023
DA  - 2023/05/23
TI  - The Attributes of Insurance Product as Determinant Factors of Coffee Farmers’ Participation in Agricultural Insurance’
BT  - Proceedings of the 3rd International Conference on Agriculture (ICA 2022)
PB  - Atlantis Press
SP  - 139
EP  - 150
SN  - 2468-5747
UR  - https://doi.org/10.2991/978-94-6463-168-5_16
DO  - 10.2991/978-94-6463-168-5_16
ID  - Syah2023
ER  -