Area Yield Index Insurance [AYII]

A seasonal cover for crop yield shortfall below the historical average yield in a unit area of insurance [UAI].

Features:

It can only be for a particular crop within a defined area of homogeneous production. Payout is based on a crop cutting exercises results done at the end of the harvesting period.

Benefits:

Cover for all kinds of crops, assured stability of many farmers in one location, affordable, improved financial management and peace in knowing there is a safety net for unexpected loss and associated costs.