This act regulates the insurance industry's coverage of agricultural and fishery disasters, including by defining agricultural and fishery insurance, outlining the scope of allowable coverage, defining who is a legal insurance provider, and regulating procedures throughout the insurance process, such as assessing damage and appraising worth.
It allows the government to subsidize insurance premiums in this area and creates a re-insurance fund for firms providing disaster insurance to the agricultural and fishery sectors.
- Home
- /
- Search
- /
- South Korea
- /
- Agricultural and Fishery Disaster Insurance Act
Agricultural and Fishery Disaster Insurance Act
Summary
Documents
Document
Topics 
Beta
About this law
Year
2009
Most recent update
03/06/2014
Geography
Response areas
Adaptation, Disaster Risk Management
Sectors
Agriculture, Industry
Topics
, ,  
 Topics mentioned most in this law  Beta
See how often topics get mentioned in this law and view specific passages of text highlighted in each document. Accuracy is not 100%. Learn more
Group
Topics
Policy instrument
Risk
Just transition
Economic sector
Note
The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.