Agricultural Mutual Aid Insurance: Who Qualifies and What You Get
Learn how this insurance protects your crops against natural disasters like typhoons or droughts to help secure your farm's income.
This insurance scheme provides financial protection to farmers when natural disasters cause crops to fail.
Who it's for
This is for all registered farmers who grow staple crops, such as rice, wheat, or soybeans.
What you get
If your crops fail because of natural disasters—such as typhoons or droughts—you can receive compensation to help cover your losses.
What it costs you
You must pay annual premiums to maintain your coverage. The specific cost depends on the type of crops you grow and the total amount of land you farm.
The catch to know
Payout amounts are calculated based on your average crop yields. This means that if you have an exceptionally successful year with very high yields, the calculation for your payout may be less favorable.
How to apply
- Confirm that your crops are listed as eligible under the scheme.
- Contact your local agricultural association to discuss your coverage needs.
- Provide details regarding your crop types and total acreage.
- Visit the official portal for more information: https://www.nosai.or.jp/