Index Based Flood Insurance

Index-Based Flood Insurance (IBFI) covers possible damage caused by flood hazard based on an objectively measured parameter. If a certain rainfall amount or water level at a defined weather or gauging station is exceeded, the insurance pays out. Practical Action, as consortium lead, with its partners; is implementing Index Based Flood Insurance in Western Nepal. This brochure gives a brief introduction of the project, the consortium partners, partners in ground and objectives of the pilot project; in both English and Nepali languages.