Barriers of Pastures Insurance Development from Expertsʹʹ Perspective

According to statistics released by agricultural insurance fund (AIF) less than 4 million acres out of 90 million acres has been covered by Pastures Insurance. This observation along with several facts motivated authors to study possible barriers which Pastures Insurance has been encountered in practice. The research population included all the experts in agricultural insurance fund. Small population caused a census study. The initial and follow-up mailing generated 100 useable responses from experts resulting in a response rate of 100%. This research applied SPSS Software to analyze the data. Data was analyzed using the factor analysis. KMO index along with the Bartlett test verify appropriateness of the collected data for explanatory factor analysis. Based upon the findings, the barriers have been classified into five factors named communication barrier, Extension barrier, Rangersʹ barrier, Organizational barrier and Expertsʹ barrier. Among these factors, communication barrier plays the most important role. It is composed of lack of awareness of ranchers about legal affairs of pasture insurance; inappropriate behavior of insurance experts and extension agents, problems regarding with illiterate and old stakeholders, limited media for pasture insurance development.