Abstract: In Turkey, Agricultural Insurance Foundation was established in 1995. Agricultural insurance pool (TARSIM) formed with the contributions of private agencies and organizations which have run activity in the fields of insurance and agriculture and the government support began its activities in 2006. The livestock (cattle) insurance, which is a part of agricultural insurance, has been practiced in the country since 1960. The aim of this study was to investigate the role and the functioning of livestock (cattle) insurance in Turkey between 2007 and 2015. According to the research findings, the share of the cattle insurance in the total number of agricultural insurance policies is 1.94% in 2015. This result showed that its necessity of increases of the livestock (cattle) insurance in agricultural sector considering farmers' financial position and the size of their farms.