Flexible insurance scheme for horticultural farmers adopted by the Government of Uruguay and still ongoing after 6 years, covering most of the country’s horticultural regions (total 1,500 hectares)
Citation
CGIAR Research Program on Policies, Institutions, and Markets. 2021. Flexible insurance scheme for horticultural farmers adopted by the Government of Uruguay and still ongoing after 6 years, covering most of the country’s horticultural regions (total 1,500 hectares). Reported in Policies, Institutions, and Markets Annual Report 2021. Outcome Impact Case Report.
Abstract/Description
Over the 2013-16 period, IFPRI researchers designed and piloted a flexible insurance scheme covering horticultural farmers against excess rainfall around the time of harvest, in partnership with Uruguay’s Ministry of Livestock, Agriculture, and Fisheries and a public insurance company. The government adopted the insurance scheme, with all the features recommended by the pilot’s findings, and has successfully sold it to farmers over the past six years.
