Impact Study of Agricultural Insurance Schemes on Crop Yields and Risk Mitigation Among Ghanaian Smallholder Farmers,

Agricultural insurance schemes are designed to protect smallholder farmers from financial losses due to crop failures caused by natural disasters or adverse weather conditions. A cross-sectional survey approach was employed, collecting data from 200 randomly selected farmers across different regions of Ghana. Data were analysed using descriptive statistics to assess the relationship between insurance coverage and crop yield outcomes. Insured farmers reported a significant improvement in their crop yields compared to uninsured farmers, with an average increase of 15% in maize production. The study confirms that agricultural insurance can be an effective tool for smallholder farmers in mitigating risks and enhancing food security in Ghanaian regions. Policy makers are encouraged to expand the reach of agricultural insurance schemes by offering more comprehensive coverage options and subsidizing premiums for vulnerable groups.