Science and Education in Karakalpakstan issn 2181-9203 Science Magazine chief editor

Summary: 
The article describes the risks associated with the activities of agricultural 
enterprises, the features and benefits of their insurance through the creation of mutual insurance 
societies, as well as the Canadian experience as the experience of foreign countries with a long 
history, and recommendations are developed for the application of this experience in Uzbekistan. 
Keywords: 
Agriculture, agricultural enterprises, agricultural risks, risk management, crop 
yields, mutual insurance, mutual insurance societies.
Introduction 
The insurance industry at its developed level acts as one of the basic systems of the 
economy. Upon reaching this level, it is important that there are two main forms of insurance 
organization. These are: commercial insurance and mutual insurance. Mutual insurance provides a 
large volume of insurance services in both developed and most developing countries of the world.A 
mutual insurance company is an organization of a separate non-commercial form, the purpose of 
which is to insure the risks inherent in their activities, by uniting among themselves individuals or 
legal entities who have the same or similar direction of activity and are at the same time in a close 
mutual territory, the purpose of which is protection of property and other property interests of 
members of society. 
In the practice of most developed countries, mutual insurance has long and effectively been 
used in agricultural insurance. We believe that in this regard, the study of the experience of Canada, 
which is a leading country in the world production of grain crops, will give good results. More than 
two hundred years ago, farming associations began to operate in this country, which organized their 
activities according to the principle “neighbor helps neighbor”, that is, “a neighbor helps a 
neighbor”. These associations are created in the form of mutual insurance societies, which mainly 
provide insurance against fire and agricultural risks. At the beginning of the 20th century, a process 
of consolidation (merger) took place between such associations, as a result of which an association 
of mutual insurance societies was formed. Now such companies are engaged not only in insurance 
of agricultural risks, but also in the insurance of cars and the liability of car owners and other types 
of insurance with the help of money created with the participation of the mutual insurance societies 
that are members of the association. But insurance against fires and agricultural risks associated 
with farmers' activities remained their main focus. 
Mutual insurance activities in Canada are organized in three phases, which include:First 
Level of Management: Local Mutual Insurance Societies One of the many members of the 
Canadian Association of Mutual Insurance Societies of Ontario, Oxford Mutual Insurance Company 
was founded in 1973 through the merger of two mutual insurance societies. The two organizations 
were founded in 1878 by the Farmers' Association of Oxford, Middlesex, Elgin and Perth counties. 
To date, the obligations received by Oxford Mutual Insurance Company are guaranteed by the 
assets of 51 mutual insurance companies that are members of the Association. The volume of the 
company's own assets is 16 million US dollars. The annual premiums collected by the company 
average US $ 7.5 million. Since 1984, the company has made 4 major insurance payments, each 
amounting to an average of US $ 1 million. 4500 members, which make up 90% of the members of 
the mutual insurance society, live and work within a radius of 40 kilometers from its headquarters. 
From these members, they elect office leaders, while the elected leaders elect their representative to 

---