Tuesday, August 26, 2025

New parametric insurance coverage can ship payouts for even the lightest showers

Share


Policyholders can select a payout cap tied to 0.25 inches, 0.5 inches, or 1 inch of rain. In contrast to conventional rain insurance coverage, which solely points a declare when precipitation reaches a set set off level, RainSure delivers incremental funds as every hundredth of an inch is recorded, making a tiered system that accounts for various levels of climate impression.



Source link

Read more

Read More