COMPREHENSIVE COFFEE INSURANCE
DROUGHT INSURANCE
EXCESS RAIN INSURANCE
Comprehensive coffee insurance
Year-round cover to protect key periods in the coffee plant's lifecycle: flowering, growing, harvesting
Available for farmers, buyers, sellers and other players in the agriculture industry
Pays up to 75% of the value of the crop
Based on rainfall data from the global satellite-based CHIRPS weather data set
WHY CHOOSE COMPREHENSIVE COFFEE INSURANCE?
Vietnamese coffee farmers face increasing risks from climate change, with extreme weather events like droughts and excessive rainfall threatening crop yields and income stability. Protecting livelihoods has never been more important.
Comprehensive coffee insurance offers compensation based on rainfall thresholds during key farming seasons. In the flowering season, excessive rainfall can hinder pollination and reduce cherry development. In the growing season, insufficient rainfall can hinder fruit formation, and during the harvesting season, excessive rainfall can lead to fruit drop and reduced productivity.
This insurance offers an affordable and reliable safety net by using satellite-based weather data to monitor rainfall levels. If rainfall falls below the critical thresholds during the growing season, or exceeds the number of rainy days during flowering or harvesting, farmers automatically receive payouts—without the need for damage assessments or long claims processes. Payments are processed within two months after the coverage period, ensuring timely financial support and peace of mind for farms of all sizes.
