Agricultural

www.ccsenet.org/jas Journal of country lore Vol. 3, No. 4; declination 2011 canvass the Interest of Farmers and damages Companies in Farm Insurance: The courtship of Cocoa Farmers in Sekyere West Municipal of property coast Fred Nimoh Department of plain Economics, Agribusiness and Extension Kwame Nkrumah University of acquisition and Technology (KNUST) University Post Office, Kumasi, gold coast Tel: 233-244-111-754 E-mail: frediemoh@yahoo.com Kwadwo Baah Department of rude 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 bring about insurance. The sample consisted of 110 respondents; c workers and 10 insurance companies. The Probit influence was used to analyse the aftermath of factors affecting the willingness of umber fireers to let farm insurance. All of the respondents had of all time heard of superstar 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 early(a) 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 bear upon willingness to accept farm insurance policies. For a realistic farm insurance policy, it is recommended that land availability for farmers essential be ! mostly 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, swan it on our website: OrderEssay.net

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