Helping farmers understand index insurance: guidelines for consumer education interventions

Camyla Fonseca

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Helping farmers understand index insurance: guidelines for consumer education interventions

Camyla Fonseca

Microinsurance paper, no. 45, ILO

2016

Abstract

microinsurance

peasant farmer

Index-based insurance is an innovative financial service that can help smallholder farmers manage some of the risks related to weather conditions. Considering the lessons and insights gathered from index insurance and financial education projects, as well as from the field of behavioural economics, the Global Action Network to advance agriculture insurance (GAN), coordinated by the International Labour Organisation’s Impact Insurance Facility and supported by the United States Agency for International Development (USAID), has worked to put together guidelines for index insurance education to support the industry to deal with this task.

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Title: Helping farmers understand index insurance; guidelines for consumer education interventions
Creators: Camyla Fonseca
Contributors: Impact Insurance Facility.
Publisher: ILO; Geneva
Date published: 2016
Series: Microinsurance paper; no. 45
Number of pages: 26 p.
ISBN: 9789221263289
ISSN: 2303-9191.
Language: English
Asset Type: working paper
Record Identifier: 995218711002676
Table of contents: Introduction -- 2. What is the goal of index insurance education? -- 3. Why does it matter? -- 4. What does the evidence tell us? -- 5. Converting knowledge into action -- 6. Guidelines for index insurance education -- 7. Who should invest in index insurance education interventions? -- 8. Key takeaways.