Qi Lu Wan Bao·2025-09-08 06:50Core Viewpoint - The implementation of duck farming insurance in Shandong province has significantly mitigated risks for farmers, enhancing their confidence and financial stability in the face of natural disasters and diseases [1][4][6]. Group 1: Insurance Impact - Shandong Shengyu Agricultural Technology Co., Ltd. received 112,200 yuan in insurance compensation for duck losses due to disasters, highlighting the effectiveness of duck farming insurance [1]. - Since September 2024, the company has insured 1.3 million ducks across six batches, receiving over 400,000 yuan in compensation, which has effectively reduced farming risks [3][6]. - The insurance scheme has been praised by farmers for its affordability and substantial coverage, with a premium of only 0.6 yuan per duck, of which 60% is subsidized by the government [6]. Group 2: Industry Development - The duck farming industry in Guangrao County is recognized as a new emerging industry, with a collaborative model involving processing enterprises, cooperatives, and farmers, leading to a stable industrial chain [3][4]. - The county government is actively researching and optimizing financial support mechanisms to enhance the sustainability of the duck farming industry, utilizing commercial insurance to address risks [4][5]. - The insurance program has covered 133,340 ducks, providing risk protection amounting to 26.668 million yuan, with total claims paid reaching 506,400 yuan, thereby strengthening the risk resilience of duck farming [6][9]. Group 3: Future Outlook - China Life Property & Casualty Insurance is expanding its agricultural insurance offerings, including duck farming, to support the development of specialty agricultural products and enhance the agricultural insurance system [9]. - The company aims to align with national policies to build a multi-layered agricultural insurance system, contributing to rural revitalization and ecological protection in the Yellow River basin [9].