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Go Digit paid India’s first insurance claim using parametric product for agriculture, it said
Go Digit General Insurance has disbursed payouts to around 500 farmers in Rajasthan. This marks a significant step in climate-linked insurance for agriculture. The policy covered soil moisture imbalance during the rabi season. This parametric solution offers immediate liquidity using objective data. It helps bridge the gap between climate shock and recovery for farmers.
Sources: Economic Times - Banking, Hindu, NDTV +13 more
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