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Helping farmers understand index insurance: Guidelines for consumer education interventions

Briefing Note #:

  39
 

Title:

  Helping farmers understand index insurance: Guidelines for consumer education interventions
 

Author(s):


Camyla Fonseca, The ILO's Impact Insurance Facility
 

Date of Publication:

  September 2016
 

Summary:


Index-based insurance is an innovative financial service that can help smallholder farmers manage some of the risks related to weather conditions. On one hand, the increasing availability of this financial service offers a big opportunity to both farmers and providers. On the other hand, the complexity of this risk management tool can lead to poorly-understood index insurance products that may do more harm than good. This Briefing Note has been produced as part of the Global Action Network to advance agriculture insurance, a partnership between the Facility, USAID and the BASIS Assets and Market Access Innovation Lab/I4 Index Insurance Innovation Initiative at the University of California Davis.

This Briefing Note is excerpted from our paper on the same subject, click here to read it.

Download the publication (PDF)