Microinsurance aspects in agriculture

Agricultural microinsurance in the context of this discussion paper involves the broad question of how low-income farmers close to or below the poverty level can be indemnified for agricultural losses due to severe weather conditions - regardless of the level of the insured (micro: individual; meso: community, farmer association, etc.; macro: national institution, government). In other words, it should be differentiated from the term “microinsurance” used purely to describe the level of the insured (individual).