PENENTUAN PREMI GROUP YIELD INSURANCE MENGGUNAKAN ESTIMASI DENSITAS BOTEV GROUP YIELD INSURANCE PREMIUM RATING USING BOTEV DENSITY ESTIMATION
AYU ARDELIA PUTERI, Adhitya Ronnie Effendie
2015 | Skripsi | FMIPAAn alternative to protect farming from risks due to natural disasters is to implement a crop insurance program that has been successfully applied in developed countries. Group Yield Insurance or Group Risk Plan is a type of crop insurance program that has been provided by FCIC, a wholly owned government corporation manages the federal crop insurance program in United States. This undergraduate thesis discuss about premium rating of Goup Risk Plan by utilizing Botev density estimation to calculate probability of occurrence of indemnity. By using historical data of crop yields as a measure of productivity and historical prices of rice grain at the farm level in several provinces in Indonesia, obtained pemium rates of Group Risk Plan in units of rupiah per hectare to be paid by farmers.
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