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March 13, 2026Open Access

Development and Validation of Community-Based Livestock Insurance Schemes in Eastern Indian Villages for Financial Protection and Economic Stability Enhancement

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Authors

AAAdebisi Adekanamakinde

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Implication

Mixed-methods approach confirms effective financial protection through livestock insurance for smallholder farmers, enhancing economic stability.

Key Points

  • The aim is to develop and validate community-based livestock insurance schemes to enhance financial protection and economic stability for smallholder farmers.
  • Utilized a mixed-methods approach including surveys and focus group discussions.
  • Conducted statistical modelling to assess scheme effectiveness.
  • Evaluated scheme performance using out-of-sample error.
  • Achieved an average coverage level of 75% for livestock losses due to natural disasters.
  • Reported significant reduction in post-event financial distress among participating households (p < 0.05).
  • Validated community-based insurance schemes as effective tools for economic resilience.

Cite This Study

Adebisi Adekanamakinde (2012) studied this question.

synapsesocial.com/papers/69b3aba202a1e69014cccb4ahttps://doi.org/10.5281/zenodo.18948888
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Economic Stability Modelling through Livestock Insurance Coverage among Smallholder Farmers in Northern Ghana: A Methodological Approach2008
  2. 2Evaluating Community-Based Livestock Insurance in Somali Pastoral Regions: Economic Stability Analysis2002
  3. 3Expansion of Livestock Insurance Coverage Among Rangeland Herders in Ethiopian Highlands: A Policy Impact Study on Risk Management Risks2001
  4. 4Evaluating Community-based Livestock Insurance Schemes in Eastern Uganda: A Two-Year Performance Assessment2012
  5. 5Assessing Methodological Approaches to Investigating Livestock Insurance Adoption in Ethiopian Villages2004