Factors influencing insurance adoption among traditional cattlemen in Isfahan province

Insurance is a way of risk management in cattle production units. The purpose of this descriptive-correlation research was to determine the factors influencing the rate of insurance adoption by traditional farmers. The population of this study consisted of traditional farms in Isfahan province. A sample of 130 members was selected by using stratified random sampling method. Based on the findings، disease is the important peril in cattle production. Danger coefficient، the ratio of insurance payment to receiving compensation in Isfahan province was 1. 09 which is the moderate compared with other provinces. In general، cattlemen have positive attitude toward insurance. However، 26% of them had very low adoption rate. Attitude toward insurance، satisfaction with insurance procedures، animal hygiene and nutrition، and herd size were the most important factors influencing the adoption rate of insurance among cattlemen. Hence، in order to increase the rate of insurance adoption، attention to these factors is recommended.