This policy note presents findings from a study “Index Insurance to Manage Weather Risks: A Long-term Experiment” where the authors investigate the effectiveness of rainfall insurance as a tool to help farmers manage risk. The research also examines whether farmers purchase the optimal amount of risk coverage and attempts to identify the factors, which limit or facilitate adoption of new financial products.
Marketing Weather-indexed Agricultural Insurance to Smallholder Farmers in Rural Gujarat, India
Shawn Cole, Maulik Jagnani, Lisa Nestor and Jeremy Tobacman
Financial Well-being and Social Protection