With natural disasters and the COVID-19 pandemic affecting business significantly, many farmers in the Tohoku region are hedging against risk by opting to purchase farmers income insurance, which makes up for losses to their earnings.
The insurance covers nearly all agricultural products as well as losses resulting from a wide range of circumstances such as lower yields due to typhoons and heavy rain, falling market prices, bankruptcy of business partners and the effects of the coronavirus pandemic.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.