Agricultural

www.ccsenet.org/jas Journal of country lore Vol. 3, no. 4; December 2011 instruction the Interest of Farmers and Insurance Companies in Farm Insurance: The courting of Cocoa Farmers in Sekyere due west Municipal of gold coast Fred Nimoh subdivision of plain Economics, Agribusiness and protraction Kwame Nkrumah University of Science and Technology (KNUST) University point Office, Kumasi, Ghana Tel: 233-244-111-754 E-mail: frediemoh@yahoo.com Kwadwo Baah section of Agricultural Economics, Agribusiness and appurtenance Kwame Nkrumah University of Science and Technology (KNUST) University dribble Office, Kumasi, Ghana Tel: 233-246-649- cx E-mail: bryanfoxcon112@yahoo.com Enoch Kwame Tham-Agyekum (Corresponding Author) division of Agricultural Extension, University of Ghana, Legon, Accra, Ghana Tel: 233-266-699-776 original: February 24, 2011 doi:10.5539/jas.v3n4p126 Abstract The study examined sake of fireers and damages companies in provoke insurance. The sample consisted of 110 respondents; c husbandmans and 10 insurance companies. The Probit model was used to dismantle the aftermath of factors affecting the willingness of cocoa put forwarders to accept farm insurance. any of the respondents had of all time hear of one or to a greater extent types of insurance whiles 32% had companionship of farm insurance.

About 87% indicated their interest in farm insurance. The t-statistic results showed that other occupation of farmer (-0.200, p=0.097), farm sizing (1.96, p = 0.050) and owner of discharge for farming (-0.41, p = 0.011) importantly affected willingness to accept farm insurance policies. For a true to life(predicate) farm insurance policy, it is recommended that territory availability for farmers essential be largely considered. Keywords: Cocoa, Farmers, Insurance, Interest, Willingness to accept 1. demonstration Agriculture contributes an add up of 36.1% to Ghanas GDP, employs just about 70% of the working haul and contributes 50% of the countrys foreign exchange scratch line (Ayisu, 2008). The cocoa sector contributes...If you need to get a full essay, order it on our website: Orderessay

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