Market for rain insurance

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Weather-based index insurance - an insurance product with payouts linked to a verifiable, public weather-based index - has the potential to protect even the poorest farmers against income fluctuations caused by devastating weather shocks.

But how do you get farmers who have never come across this kind of shock-absorber before to use it? A conference paper being discussed today, based on experience from India's state of Andhra Pradesh, provides some answers.


Bob Cull

Lead Economist, DEC

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