Feasibility of Designing the Pattern of Pistachio Income Insurance in Rafsanjan County

Reducing of the existing economic risk in agricultural activities and increasing security for investment is one of the important functions of agricultural insurance. This function is the main factor in creating tendency in private sector to improve investment in this sector. Insurance models and risk management methods of agricultural product, which are always designed and implemented by governments, are intended to compensate for any of these risks. In this study, first using a sample of 500 Rafsanjan pistachio producers, the willingness to pay for pistachio insurance was obtained by two methods of integration and proportional ratio, then the premium was determined and the factors affecting income insurance using Contingent Valuation Method and a one-dimensional dual questionnaire was investigated. The results of this study showed that there is a reverse relationship between the willingness to pay with the offers of premium rate, number of households, income, predictability of yield and increase in income compared to last year. But the education of farmers has a direct relationship with the willingness to pay. The average willingness to pay by farmers according to the income quarters derived from the completion of the questionnaire for the five income scenarios was 144, 447, 616, 729 and 907 million Rials per hectare. The average willingness to pay for income insurance for Rafsanjan pistachios was estimated 35734405 Rials per hectare. According to the results of the research, in order to reach the comprehensive plan of pistachio farmers' insurance, it is recommended that income insurance be considered.