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 |