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Scaling Up Microinsurance: The Case of Weather Insurance for Smallholders in India

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Figure

Table 2.1 Advantages and Challenges of Index-Based Insurance
Table 2.2Design Evolution of BASIX–ICICI Lombard Weather Insurance Product Criteria200320042005 Sale locations Premium Product structureThe product is sold in only onedistrict (Mahahbubnagar) with onlyone reference weather station at thedistrict level.Prem
Table 2.2Design Evolution of BASIX–ICICI Lombard Weather Insurance Product (continued) Criteria200320042005 Payout Process Product communication SubsidyThe loss payout is made as a functionof deviation in percentage from thethreshold rainfall index.BASIX o
Table 4.1 Comparative Business Performance of BASIX’s Insurance Products,  April 2003–March 2005
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