Archives of Agriculture and Environmental Science 8(3): 344-351 (2023) https://doi.org/10.26832/24566632.2023.0803011 This content is available online at AESA Archives of Agriculture and Environmental Science Journal homepage: journals.aesacademy.org/index.php/aaes e-ISSN: 2456-6632 ARTICLE HISTORY ABSTRACT Received: 12 June 2023 Revised received: 13 August 2023 Accepted: 27 August 2023 Crop insurance is an essential tool for managing risk in agriculture. The primary goal of this study was to investigate how farmers felt about crop insurance and their willingness to pay for it. . The study was conducted to profle the socioeconomic characteristics, measure the proft- ability of crops, assess farmer’s willingness to pay crop insurance, and determine the factors that infuence willingness to pay (WTP). A total of 107 farmers were chosen at random from Kishoreganj district in Bangladesh. The data were collected through a feld survey using a semi -structured interview schedule. Karl Pearson’s correlation coeffcient method was used. The study found that the majority of farmers have only had primary education or less. About one- third of the respondents could make savings of ten to twenty thousand taka each year. The most proftable crops were vegetables, jute, and wheat. Rice’s proftability, however, was hardly positive. Factors such as age, education, occupation, net income, and cultivable area have a positive correlation with the WTP for crop insurance for all crops except rice. However, the uptake of crop insurance is still relatively low in Bangladesh, and more efforts are needed to increase awareness and promote the benefts of crop insurance among farmers. ©2023 Agriculture and Environmental Science Academy Keywords Bangladesh Crop Insurance Proftability Prospects Citation of this article: Prome, N. T., Rahman, M. A., Begum, R., & Ahamed, M. S. (2023). Proftability and prospects of crop insurance of some selected crops in Kishoreganj district of Bangladesh. Archives of Agriculture and Environmental Science, 8(3), 344-351, https://dx.doi.org/10.26832/24566632.2023.0803011 Proftability and prospects of crop insurance of some selected crops in Kishoreganj district of Bangladesh Nowshin Tabassom Prome 1 , Mohammad Ataur Rahman 2* , Ratna Begum 3 and Md. Shishir Ahamed 4 1 Department of Agricultural Finance and Banking, Bangladesh Agricultural University, Mymensingh-2202, BANGLADESH 2 Professor, Department of Agricultural Finance and Banking, Bangladesh Agricultural University, Mymensingh-2202, BANGLADESH 3 Assistant Professor, Department of Agricultural Finance and Cooperatives, Bangabandhu Sheikh Mujibur Rahman Agricultural University, Gazipur-1706, BANGLADESH 4 Assistant Professor, Department of Agribusiness and Marketing, Bangladesh Agricultural University, Mymensingh-2202, BANGLADESH INTRODUCTION After independence, the agriculture sector was Bangladesh's main economic driver. Around 60% of the GDP was contributed by it. Agriculture in Bangladesh is vital for people's livelihoods, employment, and contribution to GDP. But its contribution has reduced over the last decade, going from 17 percent in 2010 to 12.6 percent in 2020 (BBS, 2022). This sector is crucial to our economy because it reduces poverty and ensures food security. The sector has, however, remained resilient in terms of profta- bility and productivity despite the population's constant growth, which will increase from 147.6 million in 2010 to 164.7 million in 2020 (BBS, 2022), as a result of the pandemic and climate change. Bangladesh is a country that is vulnerable to various natural hazards, and the agriculture sector is no exception to the damages caused by these hazards. The primary natural hazards like foods, cyclones, salinity intrusion, cold waves, etc. cause losses in crop production, livestock farming, fsheries, and forestry, affecting the country's food security and economy. The high propensity for natural disasters such as foods, droughts, torrential rains, and cyclones pushes the agricultural sector of this country into a vulnerable position. Bangladesh is the most vulnerable country to climate change, which causes river erosion, foods, fash foods, and the intrusion of salinity into the land. Thus, climate change is a major reason for the decline in agricultural production, which has made the country one of the ORIGINAL RESEARCH ARTICLE