Aquaculture Insurance: Options Expand As Farming Industry Matures

摘要

With insurance, producers can substitute an insurance premium of a known cost for an unknown potential cost, the loss of stock. Producers can reduce risk and insurance costs through management strategies, staff training, biosecurity measures and aquacul-ture-modeling techniques to determine optimal stocking densities and feeding requirements. Aquaculture operations can also work to minimize risks within their control and then purchase limited aquaculture insurance to selectively cover the residual expo sures.