Pula's Index-Based Livestock Insurance (IBLI) is a specialized insurance product designed to protect pastoralists and livestock keepers in Africa against losses caused by forage scarcity during droughts. This innovative insurance solution uses predefined index triggers, often related to weather conditions, to determine when payouts are triggered. IBLI offers a practical and effective way to provide financial support to those affected by drought, enhancing their resilience and safeguarding their livelihoods.
Pula’s Index-Based Livestock Insurance (IBLI)
Organization:
Pula
Category:
Insurance
Subcategory:
Agricultural Insurance
Available at:
Rural
Channel:
Physical
Climate Resilience Approach Mapping:
Risk Recovery
Climate Impact Mapping:
Drought, General Extreme Weather and Climate Impacts
Country / Region Input:
Sub-Saharan Africa, Senegal, Ghana, Mali, Nigeria, Ethiopia, Madagascar, Tanzania, Kenya, Rwanda, Uganda, Zambia, Malawi, Mozambique
Sector Mapping:
Agriculture
Business Model Mapping:
Other Business Model
