Autor/Autorin: Wijenayaka Denushika
B.Sc.(Hons) Insurance and Valuation (WUSL), MBM in Marketing (UoK) (Reading), Dip. Banking & Finance (IBSL), AAT (Finalist), CMA (Finalist), CCA.
The purpose of this study is to identify the factors influencing the demand for crop insurance in north western province in Sri Lanka. Such factors included in the study are Premium; income level; land extent; expenditure and Knowledge. The study sample comprises of 120 farmers in north western province.Crop insurance would be a more effective and beneficial risk management mechanism in the country. This research study shows that the farmers lack awareness of benefits insurance policies can bring in comparison to other coping methods they use. When farmers have clear idea of the concept of insurance, they tend to obtain insurance more and when they have insurance, they often use it as a risk managing tool, with other financial tools.
Wijenayaka, Denushika
B.Sc.(Hons) Insurance and Valuation (WUSL), MBM in Marketing (UoK) (Reading), Dip. Banking & Finance (IBSL), AAT (Finalist), CMA (Finalist), CCA.
Über den Autor
"Gaining knowledge, is the first step to wisdom. Sharing it, is the first step to humanity"Denushika Wijenayaka has BSc. (Hons) Degree in Insurance and Valuation (WUSL) and Mater of Business Management in marketing (UoK). She is contributing to the industry while sharing her knowledge to the world as a Senior Lecturer as well as a Researcher.
Klappentext
The purpose of this study is to identify the factors influencing the demand for crop insurance in north western province in Sri Lanka. Such factors included in the study are Premium; income level; land extent; expenditure and Knowledge. The study sample comprises of 120 farmers in north western province.Crop insurance would be a more effective and beneficial risk management mechanism in the country. This research study shows that the farmers lack awareness of benefits insurance policies can bring in comparison to other coping methods they use. When farmers have clear idea of the concept of insurance, they tend to obtain insurance more and when they have insurance, they often use it as a risk managing tool, with other financial tools.
