Aquaculture insurance is a set of insurance products to help fish, shellfish, or other aquatic farms reduce financial losses from a broad range of hazards: environmental, biological, weather, structural, etc.

Indemnity-based

Based on proof of actual loss/damage (e.g. stock mortality, reduced yield).

Parametric or index-based

Payout triggered when certain measurable parameters (like temperature above a threshold or rainfall above X mm) are breached, regardless of exact loss.

Coverages:

• Heat
• Rainfall
• Drought
• Cold Wave
• Highbred Insurance