Risk Mitigation of Cattle Livestock in Indonesia: Problematic in Insurance Scheme

Ari Prasetyo, Dian Purnama Anugerah, Ria Setyawati

2018

Abstract

The number of local cattle in Indonesia is not sufficient for national needs. As a result, the price of beef in the market is increasing from year to year. The problem of import quota of beef is actually can be overcome if Indonesia is able to realize food self-sufficiency in the livestock sector. Ministry of Agriculture issued a policy emphasized on increasing the amount of credit disbursement for farmers and ranchers. In addition to lending, the Government of Indonesia launched insurance products based on Crop Insurance and Livestock Insurance. In this paper constrained by two issues, the first is whether the regulation on the risks borne by Cattle Livestock Insurance has provided protection for cattle ranchers in Indonesia. The second problem is how the Cattle Livestock Insurance Model Regulation based on the principle of benefit to achieve self-sufficiency in food. Appropriate arrangements related to livestock insurance should focus on protecting farmers from losses due to crop failure, and food sufficiency for the Indonesian community. Legal uncertainty related to the acquisition of losses from farmers who have followed the livestock insurance program will actually bring harm to farmers and for the entire people of Indonesia.

Paper Citation

in Harvard Style

Prasetyo A., Anugerah D. and Setyawati R. (2018). Risk Mitigation of Cattle Livestock in Indonesia: Problematic in Insurance Scheme.In Proceedings of the International Law Conference - Volume 1: i-NLAC, ISBN 978-989-758-482-4, pages 385-390. DOI: 10.5220/0010052203850390

in Bibtex Style

@conference{i-nlac18,
author={Ari Prasetyo and Dian Purnama Anugerah and Ria Setyawati},
title={Risk Mitigation of Cattle Livestock in Indonesia: Problematic in Insurance Scheme},
booktitle={Proceedings of the International Law Conference - Volume 1: i-NLAC,},
year={2018},
pages={385-390},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010052203850390},
isbn={978-989-758-482-4},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Law Conference - Volume 1: i-NLAC,
TI - Risk Mitigation of Cattle Livestock in Indonesia: Problematic in Insurance Scheme
SN - 978-989-758-482-4
AU - Prasetyo A.
AU - Anugerah D.
AU - Setyawati R.
PY - 2018
SP - 385
EP - 390
DO - 10.5220/0010052203850390