Observation

    This question was not popular among the candidates. In 5(a-b), most of the candidates could neither define agricultural insurance nor explain different types of agricultural insurance policies such as specific enterprise insurance, fire disaster insurance and life assurance. But quite a good number of them were able to discuss the process of egg formation in a hen as required in 5(c).

The expected answers include:
5(a)      Meaning of agricultural insurance

It is a risk management mechanism put in place to compensate farmers for losses due to natural calamities such as floods, drought and outbreaks of pests and diseases or due to declines in the prices of agricultural commodities

(b)      Explanation of types of insurance policies for agricultural production
(i)   Specific enterprise insurance

This is an insurance policy that covers a particular farming enterprise e.g. crop insurance, livestock insurance
It protects farmers against loss of crops/livestock due to disasters or calamities

(ii)   Fire disaster insurance

It is an agricultural insurance policy which protects the farmer against losses due to fire outbreak

(iii)   Life assurance

            This covers the farmer, farm workers and farmer’s household in the event of death