Frost parametric insurance
Pays out when night-time temperatures fall below the freezing threshold of the crop during its vulnerable window.
Index, trigger and payout
Payout
How the cover works
What is measured, and when it pays.
- Risk covered
- Near-surface temperature falling below a crop-specific freezing threshold.
- Parametric trigger
- Nightly minimum temperature during the vulnerable window.
- Payout
- Predefined payout compensating the loss, sized on an 11-tier trigger scale.
- Index resolution
- Grid cell, daily
- Data and model
- Gumbel/GEV extreme-value distribution — minimum-temperature extremes (same family as Cold Spell).
- Typically for
- Farms, cooperatives & agri-lenders
Weather family
Other weather covers.
Next step
Test the trigger on your own location.
We back-test the index at your site over its full history and come back with indicative terms, before anything is bound.