A seasonal cover for loss or damage to growing crops directly caused by deficit or excesses in weather conditions such as temperature, sunlight, wind speed or rainfall.
It can only be for a particular crop within a defined area of homogeneous weather patterns. Payout based on actual weather measurement at the reference weather station or satellite in relation to effects at any stage of a crop growth cycle.
Cover for many farmers at once, assured stability, affordable, easy claim process, improved financial management and peace in knowing there is a safety net for unexpected loss and associated costs.
