Parametric insurance

Every fruit, every location, every farm and forestry business has a very specific weather-dependent risk profile. We find an individual and appropriate solution for you for a dramatic topic.

The frequency and extremes of freak weather are constantly increasing. To protect against crop failures and damage caused by drought, frost, dryness and extreme precipitation, we have developed an innovative concept together with an international specialist that enables precise, efficient and customized protection against weather-related risks.

Kotax offers you the opportunity to take out insurance against extreme weather up to 15 days before the risk period , even for partial areas, and to adjust the following points yourself according to your wishes and requirements:

Index-based insurance – at a glance

Risk period: the especially critical period in the year for each specific area under cultivation
Risk area: the total or partial area of the agricultural land to be insured
Settlement amount: the required average or maximum compensation per hectare
Premium: depending on the financial possibilities or risk attitude
Compensation threshold: from what point should a payment be made (even for minor damage or only in the event of serious losses)
Rapid processing in the event of a claim – no experts needed, the calculation is based on the agreed precipitation index!