Micro-insurance gaining ground

Fiji’s National Disaster Management Office conducts a flood evacuation drill with the Savusavu Market Vendors Association.

Parametric insurance programs are seeing increasing payouts to farmers, social welfare participants and persons with disabilities, and increased interest in the micro-insurance schemes.

In Fiji, 202 persons with disabilities received claim payouts this month following intense rainfall in the country’s Western Division in January.

Over FJ$37,000 was paid out in what the Chief Executive of the Pacific Disabiity Forum calls, “a major step towards a more equitable inclusion for persons with disabilities in the country.”

Setareki Macanawai continued:  “Persons with disabilities have always been affected exponentially by disasters where . . .

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