Increasing Crop Insurances Adoption in Developing Countries

Farmers in developing countries often rely heavily on their yearly harvest to feed their families. A bad crop can have severe consequences for their livelihood. Despite the significant advantages crop insurances would offer in alleviating this risk, only a small percentage of farmers insure their crops. A simple but effective solution tested by researchers from the University of Zurich has increased insurance adoption to over 70 percent. (Mehr in: Pressemitteilungen – idw – Informationsdienst Wissenschaft)