Zheng Quan Ri Bao Zhi Sheng·2025-06-22 15:49Core Insights - The cherry industry in Guancheng County, Shandong Province, has seen a successful harvest this year, with over 3,000 acres insured under a cherry planting insurance scheme provided by China Life Property & Casualty Insurance [1][2] - The insurance product has evolved from a disaster compensation tool to a stabilizing mechanism for the agricultural industry, ensuring the healthy development of cherry farming [1][2] Insurance Product Details - The cherry planting insurance includes two plans: one for cherry fruits and another for cherry trees, with an insurance premium of 200 yuan per acre, where the county government covers 60% and farmers cover 40% [2][3] - The maximum coverage amount is 6,000 yuan per acre, with 4,000 yuan for cherry trees and 2,000 yuan for cherry fruits [2] Claims and Impact - In the previous year, the insurance company paid out over 970,000 yuan to cherry growers in Guancheng County, with claims processed and paid within a week after damage assessment [3] - Approximately 7,000 acres of outdoor cherries have been insured under this customized insurance scheme [3] Extension to Seedling Insurance - A new cherry seedling insurance has been introduced to cover risks associated with the cherry seedling industry, which has been growing in scale [4][5] - This insurance covers 13 types of high-frequency risks, significantly increasing risk coverage by 80% compared to traditional insurance products [4] Financial and Government Collaboration - The insurance scheme is part of a broader financial and governmental collaboration, creating a multi-layered protection system for the cherry industry [5][6] - The county's financial support for the cherry insurance system has reached 1.44 million yuan, promoting proactive risk management among farmers and businesses [5][6] Overall Risk Management Strategy - The insurance company has developed a comprehensive risk management strategy that includes product pricing, claims service standards, and disaster reduction systems to support sustainable development in the cherry industry [6] - The company has provided a total risk coverage of 60.11 million yuan for the cherry industry, contributing to a dual-driven service model for rural development [6]