Comprehensive risk cover through remote sensing techniques in agriculture insurance for developing countries: A pilot project

2011
Page count
43
pages
Description

Research Paper #6 observes the feasibility of implementing area yield insurance and weather insurance schemes for transferring financial risk and managing production risks. The objective included developing a composite insurance product based on normalized difference vegetation index (NDVI) and weather indices via a participatory approach; testing the yield loss estimation accuracy of such a product; and understanding people`s perceptions about the performance of the product. A relationship was found between the uptake of insurance and being above poverty line, subject to the buyer having heard about the insurer earlier, expecting a bad cropping season ahead, and having a close friend who has availed of the insurance scheme.

Éditeur
The ILO's Impact Insurance Facility
Date
Éditeur
M. Patankar
Langue
English
Région/Pays
Région
South Asia
Pays
India