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Parametric Crop Coverage

Crop Coverage of the Future... Today.

With increasing global climate change, it is more important than ever for cultivators to ensure their crop has adequate protection from environmental factors that are out of their control.

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Why do you need parametric crop coverage?

No business should fail due to losses caused by natural perils. Cannabis and Hemp cultivators in particular are exposed to a wide variety of risks, all of which pose a threat to product quality and the financial stability of their operation. As the global climate becomes increasingly volatile, it is more important than ever for cultivators to ensure their crop has adequate protection from environmental factors that are out of their control. The crop and its quality are central to the entire supply chain.

How Does Parametric Crop Insurance Work?

Step 1:

Together, we choose indices of weather events, which are likely to cause damage to your crop. We then set pre-defined thresholds for the chosen perils, which, when breached, will result in an insured loss.

Step 2:

Throughout the policy period, insurers monitor the climate indices and are notified when pre-defined thresholds are exceeded.

Step 3:

Upon notification of loss, claims are automatically paid within three days without the use of loss adjustors.

What Perils Does Parametric Crop Coverage Protect Against?

Hail

Drought

Excess Rain

Wildfire

Frost

Wind

Tornado

Cyclone

Please Contact Me About Parametric Crop Coverage

Waters Insurance Network

At Water’s Insurance Network, our success is built on centuries of experience in the insurance industry. We understand the challenges our partners and their customers face. And we’re here to help them WIN – every step of the way.

At the core of our success is a management team specifically dedicated to your success. Meet them here, or click to learn more.

Rogan Dwyer

Gerry Kennedy

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A new, better way to limit your exposure.

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