Can individuals living in near poverty households producing rubber trees receive agricultural insurance support in Vietnam?

Can individuals living in near poverty households producing rubber trees receive agricultural insurance support in Vietnam?

Based on Article 18 of Decree 58/2018/ND-CP, the insured subject matters eligible for assistance are as follows:

1. Plants: Rice, rubber trees, peppers, cashew trees, coffee trees, fruit trees, vegetables.

2. Domesticated animals: Buffaloes, cows, pigs, poultry.

3. Aquaculture: Giant tiger shrimps, whiteleg shrimps, tra fish.

Furthermore, Article 19 of Decree 58/2018/ND-CP specifies assistance as follows:

1. An individual that produces agricultural products and is a member of a poor household or near poverty household is eligible for an assistance of not greater than 90% of agricultural insurance premiums.

2. An individual that produces agricultural products and is not a member of a poor household or near poverty household is eligible for an assistance of not greater than 20% of agricultural insurance premiums.

3. An organization that produces agricultural products by using large-scale and concentrated cooperation model that applies advanced technologies and production process towards green, hi-tech and environmentally friendly agriculture is eligible for an assistance of not greater than 20% of agricultural insurance premiums.

Therefore, if you are producing rubber trees, you belong to the supported insurance subjects and will receive a maximum of 90% support for agricultural insurance premiums in Vietnam.

Can individuals living in near poverty households producing rubber trees receive agricultural insurance support in Vietnam? (Image from the Internet)

What types of risks in rubber production are eligible for agricultural insurance support in Vietnam?

According to Article 20 of Decree 58/2018/ND-CP, the insured risks eligible for assistance are as follows:

1. Disaster risks, including:

Storm, tropical depressions, lightning, cyclones, heavy rain, floods, flash floods, inundations, landslides and land subsidence due to floods or water currents, water level rise, seawater intrusion, extremely hot weather, droughts, damaging cold, hail, hoarfrost, earthquakes, tsunamis. Disasters shall be announced or confirmed by a competent authority.

2. Disease risks, including:

a) Animal diseases:

- Terrestrial animal diseases: terrestrial animal diseases’ infectious diseases included in the List of animal diseases subject to outbreak declaration of Vietnam (including dangerous infectious diseases causing severe socio-economic damage and dangerous infectious diseases transferred between people and animals) promulgated by a competent authority in accordance with regulations of the law on veterinary medicine.

- Aquatic animal diseases: Aquatic animal diseases included in the List of animal diseases subject to outbreak declaration of Vietnam promulgated by a competent authority in accordance with regulations of the law on veterinary medicine.

b) Plant pests: Harmful organisms that may potentially spread on a large scale and cause severe damage to plants in accordance with regulations of the law on plant protection and quarantine.

Diseases and pests shall be announced or confirmed by a competent authority.

Therefore, for risks related to natural disasters and plant pests as mentioned above, when you plant and produce rubber trees, you will be covered by agricultural insurance and eligible for support in Vietnam.

Best regards!