Index-based Microinsurance for Disaster Risk Reduction

• by Sunil Bhat and Lisa Chassin
• Jan 27, 2014
• 1 min

Index insurance has emerged as a disaster management tool for the poor because of its effectiveness in assisting poor people to deal with catastrophes. Focusing on the benefits of Weather based index insurance, MSC’s Microinsurance expert, Sunil Bhat, talks about the features and scope of weather based index insurance and how it helps the poor […]

Index insurance has emerged as a disaster management tool for the poor because of its effectiveness in assisting poor people to deal with catastrophes. Focusing on the benefits of Weather based index insurance, MSC’s Microinsurance expert, Sunil Bhat, talks about the features and scope of weather based index insurance and how it helps the poor in dealing with disasters such as drought, heavy rains, cyclones, storms, typhoons, earthquakes etc.