Index insurance is an innovative approach to insurance provision that pays out benefits based on a pre-determined index or loss of assets and investments resulting from weather and catastrophic events, without requiring the traditional services of insurance claims assessors. It also allows for the claims settlement process to be quicker and more objective. The videos are offered in both English a...view more
Index insurance is an innovative approach to insurance provision that pays out benefits based on a pre-determined index or loss of assets and investments resulting from weather and catastrophic events, without requiring the traditional services of insurance claims assessors. It also allows for the claims settlement process to be quicker and more objective. The videos are offered in both English and French. view less
Learning Mode:
Bite+
Topics: Access to Finance, Insurance Services, Climate Risk Management, Agriculture and Food Security
GP:
Social, Urban, Rural & Resilience, Finance, Competitiveness and Innovation
Keywords:
index insurance, Global Index Insurance Facility, Resilience