Jola

toujours là*
*never let you down

DROUGHT

No claim adjuster, quick payout

 automatic trigger based on data measured by connected weather sensors

 

PARAMETRIC INSURANCE AGAINST DROUGHT

WHAT IS COVERED ?

All kind of financials that result from the occurrence of covered events: 

  • Loss of yields

  • Additional production costs

  • Damage to crops

HOW DOES IT WORK ?

Inception

  • [Jola & Client] Definition of cover parameters : coverage period, reference weather stations, covered events, associated damage ratios

  • [Jola & Client] Definition of the capital insured and the deductible

  • [Jola & Client] Selection of the insurance company

  • [Assureur & Client] Signature of the contract and payment of the premium at least 15 days before the start of the coverage period

At the end of the coverage period

HOW MUCH DOES IT COST ?

  • The insurance premium depends on the contracts parameters

  • Typically between 3% and 7% of the sum insured

  • Examples

noun_Location_3007956_black.png

ABOUT US

Jola is an independent risk management consultant and insurance broker with strong expertise in weather risk management and parametric insurance structuration. 

Jola is a French "Société par Actions Simplifiée" with variable capital of 5.000 €, which registered office is at 74 A rue Lecourbe, 75015 Paris - France. Jola is registered in the Paris Trade and Companies Register under number 834 358 111. Jola is registered in the French registry of insurance intermediaries under number 18 007 161. Jola benefits from the free provision of services across the EU and is therefore authorized to distribute insurance to all clients in the European Union. 

Request for quote
SUPPLEMENTAL CROP INSURANCE  - DROUGHT COVER
arrow&v
Please tell us which one of the folowing statemet is true