Vol. 2, Issue 5, Part F (2016)

Abstract
The study on farmer’s awareness of crop insurance was conducted in Kollengode taluk of Palakkad district in Kerala because the climate of this district is slightly different from the rest of the State, as it is influenced by the presence of Palakkad gap. The district has a tropical climate, with an oppressive hot season and fairly assured seasonal rainfall. Participation in village networks and measures of familiarity with the insurance vendor are strongly correlated with insurance take-up decisions, and risk-averse households are less, not more, likely to purchase insurance. These results may reflect uncertainty about the scheme, and their limited experience with it.