Drought insurance
How drought insurance works
This type of insurance covers crops in case of severe drought.
Drought insurance coverage is based on the average amount of rainfall over the last 10 years in the region in question.
When the critical threshold is exceeded, the insurance cover is triggered and reimbursement is made automatically within 48 hours of the alert.
Parameters to be defined for drought insurance
Type of crop to be covered
Coverage period
Area to cover
Critical threshold of the plant's water requirements
Amount of compensation