Abstract: Agricultural insurance of Jilin Province has achieved great development because of the implementation of policy-guided agricultural insurance since 2007. However, during the rapid development process of agricultural insurance, some problems have exposed in many aspects. Based on these, the study evaluated the policy- guided agricultural insurance performance from the perspectives of governments, insurance companies and farmers, and put forward recommendations to further improve agricultural insurance. The evaluation results showed that: policy- guided agricultural insurance in Jilin Province basically constructed a tripartite linkage mechanism of‘Governments Insurance Companies Farmers’, policies could be adjusted according to the specific needs of farmers gradually, but there were still some problems, such as the premium subsidy pressure of county financial, lower guarantee level, low efficiency claims, imperfect catastrophe risk dispersal system and so on. Thus, the three stakeholders (all levels of governments, insurance companies and farmers) should fulfill their coordination and interaction to further improve the policy-guided agricultural insurance.