We introduced Weather Index-Based Crop Insurance to support marginal and
smallholder farmers in facing extreme weather events. It protects crops
like Aman rice, Boro rice and maize from climate-related risks such as
excessive rainfall, drought or high temperature extremes. It uses
satellite and ground stations' historical weather data to define payout
conditions.
- Smart Insurance
- Tailored Protection
Coverage:
- Drought & Heat Waves
- Excess & Unseasonal Rainfall
- Cold Waves & Low Temperature
- Inadequate Sunshine & Humidity Extremes
Our Process:
- Focus Group Discussion (FGD)
- Crop & weather data analysis
- Insurance product design
- Product Distribution
- Real-time weather monitoring
- Automatic claim payout (If peril occurs)
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SDG