Primary data were randomly collected from 120 PAN registered farmers in six Local
Government Areas across the three senatorial districts (2 LGAs each) of the State.
Additionally, to buttress some of the objectives, data were collected from six insurance
companies offering poultry insurance policy and four agricultural credit lending financial
institutions present in Ondo State. Well structured questionnaires were administered to the
respondents using interview method. Data collected were analyzed using descriptive statistics
and probit regression model. Empirical results revealed that a majority of respondents
(76.7%) considered insurance to be important for their poultry business. However, only
23.3% of respondents reported having farm insurance.