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Home › Corporate Insurance › Miscellaneous Insurance › Parametric Insurance
✓ Miscellaneous Insurance

Parametric Insurance

Parametric Insurance pays out a fixed amount when a pre-defined event threshold (like rainfall, temperature, or earthquake magnitude) is met — no physical loss assessment required.

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Parametric Insurance
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About This Policy

Parametric Insurance pays quickly when a defined event (like drought or earthquake) crosses set thresholds. It offers transparency and fast liquidity for businesses.
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Who Should Buy?

Farmers, solar/wind farms, mining companies, Event organizers, renewable energy producers, Governments for disaster relief planning.
Coverage

What's Protected

Comprehensive coverage designed to give you complete peace of mind

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Rather than indemnifying actual loss, the policy pays when predefined indexes (e.g., less than 20 mm rainfall in 10 days) are triggered. This offers simplified, quick compensation to manage income volatility due to weather or natural events.
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