Comprehensive Risk Cover through Remote Sensing Techniques in Agriculture Insurance for Developing Countries: A Pilot Project

26.03.2012 464 views Download :

The paper 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. 

Author: Mangesh Patankar (CIRM) 

Country: Switzerland

Comprehensive Risk Cover through Remote Sensing Techniques in Agriculture Insurance for Developing Countries: A Pilot Project

26.03.2012 464 views

The paper 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. 

Author: Mangesh Patankar (CIRM) 

Country: Switzerland

Download :
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