Research On The Legal System Of China’s Agricultural Insurance Subsidy

Agricultural insurance subsidies is the subsidies and allowances which is in order to play a role of agricultural insurance in promoting agricultural production and maintain the stability of agricultural insurance business,and mainly is funded by the government with financial funds for the agricultural insurance policyholders and insurers.The legal relations subject of agricultural insurance subsidies is involving who the supplies are and who make up it.As the particularity of agricultural risks,no doubt the insured and the insurer as a subsidy recipient owner.According to "who benefits and who pays" principle,except the Government,industry leading enterprises and banks should also be,the supply of agricultural insurance subsidies obligor.There are four ways of agricultural insurance subsidies which are premium subsidies,management fee subsidies,subsidies and tax incentives reinsurance,and our legislation should be clear with them.Subsidized insurance coverage focus on rice,wheat,corn,soybean,cotton,peanut,rapeseed,sugar cane,sugar beet,tobacco,forest plants and other major multi-risk insurance,and sow,pigs,cows,horses,chickens,fish,and death benefit of other main plants.We should consider agricultural insurance premium rates,the ability to pay farmers in different regions,the agricultural structure and local governments and so on,should plan rationally the insurance subsidy standards,and gradually increase the intensity of capital investment subsidy.Due to the practice of agricultural insurance subsidies policyholders,insurers and local governments imposed moral hazard behavior,which not only led to the phenomenon of subsidy funds invalid consuming,but also seriously affect the effect of the implementation of agricultural insurance subsidies,so prevention the moral hazard is one of our legislation technical problems.We should improve the agricultural insurance laws and regulatory agencies to establish agricultural insurance subsidies and other ways to control agricultural insurance subsidy of moral hazard,by the reconstruction of agricultural insurance subsidies ways,insurance,standards.