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Barbados Farmers Shape New Insurance | Jamaica News

Barbados Farmers Shape New Insurance | Jamaica News

Published 1 week, 5 days ago
Description

Barbados is launching a revolutionary new agricultural insurance system designed to empower farmers—your voice matters. Instead of waiting weeks for damage assessments, this parametric model pays out instantly when pre-set weather triggers occur, like specific rainfall or wind speeds. The Ministry of Agriculture is calling on all farmers and agribusinesses to participate in a confidential survey to shape the policy before it’s finalized. This isn’t just insurance—it’s a faster, fairer safety net built by and for Barbados’ growers.

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