Zambia and Pula’s Hybrid Area Yield Index Insurance
- Joning Lee
- May 16
- 1 min read
Updated: Jun 5

INSURANCE FOR AGRICULTURE INPUTS
Bundling insurance with agricultural inputs aims to protect farmers from the risks associated with rain-fed agriculture. For governments and farmers, bundling an input subsidy programme with an insurance product can secure government
investment in agricultural inputs and increasing food security through higher productivity in good better farmer adaptation to climate change and Pula began offering bundled insurance to FISP a million farmers in three years.
UNDERSTANDING THE COVER
For the FISP scheme, the insurance risk is borne by Insurance, Professional Insurance, Madison product developed by Pula is a comprehensive hybrid index insurance that covers a wide range of risks and perils, including climate effects, such biological risks, such as pests and crop diseases. cover to compensate for loss of seed investments weeks of planting, as well as a longer term yield index cover, which offers compensation when realised end-of-season yields fall below a
preset benchmark level for a particular crop and sorghum, soybeans and groundnuts
