Rice is the most important agricultural commodity in Western Visayas, being one of the top producers of rice in the country. Rice production, however, is a highly risky venture in disaster-prone Philippines. Majority of the rice farms in the region are small farm holders who are more vulnerable...

While agricultural insurance has long been considered a risk management tool for farmers in both developing and developed economies, policy directions toward sustainability vary across countries. Reviewing the literature provides a comprehensive view of relevant issues, such as objectives of the...