NASRIA will soon introduce the innovative Weather Index Based Life Stock Insurance (WIBLI) that is set to revolutionalise special risks insurance in Namibia's agricultural sector
- New NASRIA livestock Insurance product based on rainfall index and complemented by satellite data.
- Aimed at assisting Livestock Farmers mitigating and enhancing resilience against ‘Drought and Floods’ events.
- Product is meant for both Communal and Commercial Livestock (Cattle) farmers.
- The Policy is insured Annually.
- No field or grazing / farm-level assessments required.
- Transparent and no moral hazards.
- Proactive and timely payouts to insured livestock farmers
