Index insurance is the kind of insurance that pays out benefits based on a pre-determined index for the loss of assets and investments as a result of weather or other catastrophic events.
Learn how it can protect the poor and the vulnerable against the challenges posed by natural disasters and climate risks:
Index insurance is having a development impact where it’s needed most
Many of the world’s Populations are vulnerable to climate shocks – to drought, flooding, irregular rainfall and natural disasters. For these countries, cities and communities, index-based insurance is a critical risk-management tool which allows victims of such shocks to continue to have access to f…
