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Table 1 Attributes of WII contracts used in the choice experiment

From: Small farmers’ preferences for weather index insurance: insights from Kenya

Attribute Attribute levels
Premium rate 2% 5% 7% 10% 15% 20%
Strike level − 10% − 20% − 40% ±10% ±20% ±40%
Distance to weather station 5 km (ward radius) 20 km (district radius) 50 km (county radius)
Transparency Weekly text messages and radio broadcast of recorded rainfall No text message or radio broadcast of recorded rainfall
Contracted party Individual farmer Small group (10 farmers) Large group (100 farmers)
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