Drought Insurance Tool

This user-friendly online tool is designed to help farmers assess their drought risk and explore financial protection options. With just a few clicks, farmers can select their location and receive an instant estimate of the cost of parametric drought insurance—providing a safety net against the financial impacts of drought.

The tool also offers flexible options, allowing users to customize the coverage level and select the months that matter most to their operations. Plan ahead, protect your farm, and build resilience with this powerful resource

With just a click on the map, users can instantly view premium estimates and potential payout triggers specific to their location.

The tool offers flexible options, allowing users to:

• Set an attachment point: The rainfall level at which payouts begin.
• Choose a payout limit: The maximum payout amount.
• Enter a tick value: Determine the payout per millimeter of rainfall below the attachment point.
• Select coverage months: Tailor the insurance period to suit seasonal needs.

Farmers can easily adjust the attachment point, exit point, payout size, and coverage period to create a personalized plan that fits their unique risk profile.