Small holder farmers, persons with disabilities and MSMEs are amongst the beneficiaries of the climate and disaster risk parametric microinsurance pilot product launched in Fiji. Beneficiaries have welcomed the initiative as a means of faster and sustainable recovery of their
farmlands and other assets in the aftermath of a natural disaster.

This publication explores the strengths, challenges and opportunities of the product based on the views an opinions of beneficiaries of the insurance product. The consensus among beneficiaries is the need for farming communities to invest in insurance products that offer protection against cyclonic damage and devastation from natural disasters.

This publication is brought to you by the “Developing Disaster Risk Financing Framework and Parametric Insurance in Fiji” project, jointly implemented by the Climate Change and International Cooperation Division - Ministry of Economy, Government of Fiji, and the UN Capital Development Fund (UNCDF). The project is funded by the India-UN Development Partnership, which is administered by the UN Office for South-South Cooperation.