Wle.cgiar.org: Farmers successfully enrolled in flood insurance program

More than 200 farming households have enrolled in an Index Based Flood Insurance (IBFI) product in Bihar, India. IBFI, which use satellite technology and modelling, was developed with the help of researchers from the International Water Management Institute (IWMI) with WLE and the CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS). 

Payment to registered households will be directly through the bank in case of major flooding. It is estimated the total sum insured will be approximate 5 million INR, or about 78,000USD.

 

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Posted by IBFI Admin Monday, September 25, 2017 9:32:00 AM

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