Parametric Insurance for Crop Losses

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Why is it relevant?

In agriculturally dependent economies, crop yields directly impact farm incomes and are diminished by natural disasters such as flooding, pests, drought etc. These type of events result in the farmers defaulting on loan payments, and can be pushed into a vicious cycle of poverty and debts.

How does it work?

Policy pays out to affected farmers insured through banks, affinity groups etc. on breach of pre-specified triggers (weather, soil moisture, NDVI etc.) critical for crop growth.

Who is it designed for?

Affinity Groups, Crop Associations, FPOs and other organisations whose goal is to promote sustainable farming practices.


Thomas Krapf


Ashish Trivedi

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