Abstract: The areas in poverty are mostly in mountainous areas with forests, thus the development of forestry economy is an important way for people to get rid of poverty. The poverty alleviation models in forestry industry include the employment of poor people as forest ranger, the development of economic forest, and the development of feed forestry industry by combining forest and husbandry industries, and the development of forestry tourism. In the development of forestry economy and the promotion practice in poverty alleviation, we are facing not only the issues such as labor workers need injury insurance, and there are natural disasters, forest fires, disease, pest risk, and market price fluctuation risk of forestry products, but also often facing the difficulties of insufficient financial support and famers are lack of confidence in the development of forestry industry. From the perspective of insurance, the forestry economy can better serve the poverty alleviation through preventing risks, increasing employment and giving Pratt & Whitney finance support, subsequently decreasing the risks in forestry economic industry chain, promoting resource elements investment, and ensuring poverty alleviation stable. Angus-base-Cow Project in Guizhou Guanling Buyi and Miao Autonomous County is an application demonstration of innovative "insurance + " poverty alleviation model via forestry industry.