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Table 4 Summary of agricultural insurance products available in Ghana

From: Agricultural insurance access and acceptability: examining the case of smallholder farmers in Ghana

Type of insurance product Aggregate yield shortfall insurance
(AYSI)
Area yield index insurance
(AYII)
Crop weather index insurance
(WII)
Remote sensing indexes
(RSII)
Single peril insurance
(SPI)
Named peril insurance
(NPI)
Multiple peril crop insurance
(MPCI)
Revenue insurance
(RI)
Poultry insurance
(PI)
Sub-sector Crops (agriculture) Livestock
Nature Index parametric insurance Conventional indemnity-based insurance
Availability on market No Yes Yes No No No Yes No Yes
Targets Under trial Small holder farmers Commercial farmers Large scale
Indicator Under trial  < 20 ha 20 ha 5000 birds min
Premium 3–5% of input cost