The revised Agricultural Disaster Insurance Law and Agricultural Disaster Response Law, aimed at enhancing national responsibility for agricultural damage caused by climate change, will take effect on August 15.
The Ministry of Agriculture, Food and Rural Affairs announced on August 13 that it has completed the regulatory adjustments for the two agricultural disaster-related laws that passed the National Assembly last year. The revisions were initiated in response to the increasing frequency of large-scale natural disasters, such as heatwaves and heavy rainfall, to reduce the damage to farmers and strengthen recovery support.
Under the revised Agricultural Disaster Insurance Law, natural disasters like heatwaves and typhoons will be recognized as extraordinary large-scale disasters if their damage falls within the top 10% of past incidents. Losses incurred from such disasters will be excluded from future insurance premium calculations, thereby reducing the financial burden on farmers.
A system has also been established to enhance the reliability of crop damage assessments. Regular training for damage assessment personnel will be strengthened, and the government will create a basis for verifying the appropriateness of assessment results.
If an insurance policyholder disputes the damage assessment results, they will be allowed to request a change of the assigned assessment personnel, as related regulations have been revised.
The revised Agricultural Disaster Response Law expands the scope of disasters eligible for national recovery support. In addition to heatwaves and heavy rainfall, earthquakes and abnormal high temperatures have been included, along with pest damage caused by abnormal high temperatures.
Support for recovery costs for affected farms will also be broadened. Previously, assistance focused primarily on costs for replanting and reseeding, but moving forward, it will cover all or part of the production costs incurred by farms up until the disaster occurs.
Kang Dong-yoon, Director of Rural Income and Energy Policy at the Ministry of Agriculture, Food and Rural Affairs, stated, "Agricultural disasters in the era of climate crisis are at a level that cannot be avoided by individual efforts alone. We will actively support the swift stabilization of affected farms through continuous improvements in the system to strengthen national responsibility for disaster recovery."
The Ministry of Agriculture, Food and Rural Affairs announced on August 13 that it has completed the regulatory adjustments for the two agricultural disaster-related laws that passed the National Assembly last year. The revisions were initiated in response to the increasing frequency of large-scale natural disasters, such as heatwaves and heavy rainfall, to reduce the damage to farmers and strengthen recovery support.
Under the revised Agricultural Disaster Insurance Law, natural disasters like heatwaves and typhoons will be recognized as extraordinary large-scale disasters if their damage falls within the top 10% of past incidents. Losses incurred from such disasters will be excluded from future insurance premium calculations, thereby reducing the financial burden on farmers.
A system has also been established to enhance the reliability of crop damage assessments. Regular training for damage assessment personnel will be strengthened, and the government will create a basis for verifying the appropriateness of assessment results.
If an insurance policyholder disputes the damage assessment results, they will be allowed to request a change of the assigned assessment personnel, as related regulations have been revised.
The revised Agricultural Disaster Response Law expands the scope of disasters eligible for national recovery support. In addition to heatwaves and heavy rainfall, earthquakes and abnormal high temperatures have been included, along with pest damage caused by abnormal high temperatures.
Support for recovery costs for affected farms will also be broadened. Previously, assistance focused primarily on costs for replanting and reseeding, but moving forward, it will cover all or part of the production costs incurred by farms up until the disaster occurs.
Kang Dong-yoon, Director of Rural Income and Energy Policy at the Ministry of Agriculture, Food and Rural Affairs, stated, "Agricultural disasters in the era of climate crisis are at a level that cannot be avoided by individual efforts alone. We will actively support the swift stabilization of affected farms through continuous improvements in the system to strengthen national responsibility for disaster recovery."
* This article has been translated by AI.
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