Core Insights - The introduction of jujube planting income insurance in Leling marks a significant advancement in the risk management framework for the local jujube industry, transitioning from cost coverage to income protection [2][3] Group 1: Insurance Product Details - The new insurance product innovatively disaggregates jujube income into two core factors: yield and price, addressing the challenges of fair income assessment and distinguishing between disaster and human factors in agricultural production [2] - The insurance compensates the difference when actual income falls below the agreed expected income, thus covering losses due to yield decline and price drops [2] Group 2: Financial Support and Implementation - The first jujube planting income insurance in Shandong provides 54 million yuan in dual risk protection for 9,000 acres of jujube orchards, showcasing a critical leap in the risk protection system for the local jujube industry [3] - Financial support from the local government allows farmers to incur only a minimal additional cost while gaining significantly enhanced risk coverage, embodying the concept of "small investment for large protection" [5] Group 3: Policy and Future Outlook - The implementation plan, driven by the Leling Municipal Finance Bureau and Forestry Bureau, provides solid policy support for the insurance's rollout, aligning with the "Leling Jujube" industry cultivation plan (2021-2025) [5] - The launch of this insurance is seen as an exploration of the "insurance+" innovation model, with intentions for continued integration with local industries to bolster rural revitalization through stronger financial support [5]