THEORETICAL AND PRACTICAL BASIS OF FOREST INSURANCE - ORIENTATIONS FOR FOREST INSURANCE POLICY IN VIETNAM

Abstract

The article has systematized the theoretical basis of forest insurance and summarized the practical experience of some countries around the world on forest insurance. The results of systematizing the theoretical basis for forest insurance have shown the basic types of risks to forests, types and characteristics related to forest insurance, and how to calculate insurance premiums. Forest insurance has also received attention from many countries around the world and has brought many positive impacts to forest growers when risks occur. Practical experience in implementing planted forest insurance policies of countries around the world has also shown the role of the state in implementing forest insurance policies. Since then, the study has provided lessons learned and directions for developing and implementing forest insurance policies in Vietnam in the future. Accordingly, the State is considered an important subject in implementing forest insurance. Some suggestions for forest insurance policy in the near future are: developing a planted forest insurance policy and performing piloting planted forest insurance. The pilot focuses on the main type of risk (storms and floods), for a common plantation tree species (acacia) in production forests. The State supports insurance fees in the first phase of implementation. In addition, carry out propaganda to raise people's awareness about forest insurance