Abstract:
Livestock insurance began to be encouraged as an effort to overcome losses due to the frequent occurrence of death of beef cattle. The study was aimed to analyze descriptively the perceptions of farmers regarding the beef cattle insurance program and analyze the factors influencing farmers’ perceptions about the beef cattle insurance program. The study was conducted in Lawang, East Java, Indonesia from March to May 2018. This study was a quantitative study with a survey approach. The research population was farmers from group members of the superior commodity of beef cattle in Lawang who have not participated in the beef cattle insurance program. Samples were taken by saturated sampling technique and it was obtained 60 respondents. Data were taken using a questionnaire with a rating scale. The research variable consisted of farmers’ perceptions of insurance program for beef cattle as the dependent variable,
while age, educational level, number of livestock, price premium, insurance costs and premium payment term were independent variables. Data analysis used descriptive analysis and multiple linear regression analysis. According to the results of the study, it can be concluded that the majority of farmers are willing to receive insurance for cattle farming. Farmers’ perceptions about the cattle insurance program are influenced by the insurance cost and payment term with the equation of Y = 28.529 + 1.642X5 + 1,205X6.
