Research On The Construction Of Cotton Disaster Insurance System In Shandong Province

China has a long history of cotton planting,and cotton planting in Shandong Province plays an important role in China's cotton industry system.In recent years,the scale of cotton planting in Shandong Province has been declining and no effective measures have been taken to protect it.Shandong Province will face the danger of cotton farmers withdrawing from cotton planting,causing serious damage to the cotton industry in Shandong Province.The current cotton disaster insurance in Shandong Province is a policy-based cotton insurance,which can give policy support to farmers and insurance companies.However,the insurance policies such as the special work funding system and the underwriting institution adjustment system are still in the exploration stage,and the cotton industry cannot be fully improved.The protection of orientation,therefore the construction of a cotton disaster insurance system is essential.The research on the construction of cotton disaster insurance system in Shandong Province is mainly reflected in the improvement of insurance system.The specific research contents are as follows:Firstly,through collecting data,finding data,reading literature and field research,this paper summarizes and analyzes the current situation of cotton insurance in Shandong Province,and obtains the risk characteristics,policy status,business status and claims of cotton insurance.Then,summarize the current situation of the cotton disaster insurance system in Shandong Province,and summarize the specific problems of the cotton disaster insurance system according to the status quo.For example,the policy of cotton disaster insurance is out of line with the market demand,and the rural financial service facilities cannot meet the needs of farmers.Rural moral hazard and fixed damage problems,cotton farmers have low income from cotton planting,lack of insurance awareness,imperfect catastrophe prevention and control,and insufficient insurance compensation capacity.Then,through the welfare economics model,the welfare effect brought by the cotton disaster insurance system of Shandong Province to cotton farmers and society was analyzed,and the necessity of the cotton insurance system was affirmed.Finally,the ISM model is used to analyze the impact of various factors on the cotton disaster insurance system in Shandong Province,and to determine the overall direction of the cotton disaster insurance system.According to the model analysis,the overall design of the cotton disaster insurance system in Shandong Province is proposed.Firstly,the structure and function of the cotton disaster insurance system are determined.Through the coordination of the agricultural department,meteorological department,insurance company and village and town authorities,the implementation of cotton disaster insurance is established.Specialized service system;Then,the functions and responsibilities of each department in the system are planned in detail,and the cotton disaster insurance system of Shandong Province is designed in detail to ensure the smooth operation of the insurance system.At the end of the article,the corresponding countermeasures corresponding to the problem of cotton disaster insurance system in Shandong Province are proposed.For example,the government scientifically formulates insurance policies that meet market demand,improves financial services,improves the ability to pay claims through multiple channels,insurers innovate insurance products,and open up new models for claims investigation.Need to plant cotton and develop a comprehensive cotton price insurance system to increase the income of cotton farmers,deal with catastrophe risks,strengthen the risk management of the government and insurance companies,and finally ensure the improvement of the cotton disaster insurance system.