The Livelihood Protection Policy

Targeted at individuals, this product helps protect the livelihoods of vulnerable low-income individuals by providing swift unbureaucratic cash payouts following extreme weather events (i.e. high wind speed and heavy rainfall). This crucial support will reduce poverty and vulnerability by enabling these groups to recover quickly following a disaster.

The Loan Portfolio Cover

Targeted at lending institutions, the Loan Portfolio Cover (LPC) employs the Livelihood Protection Policy (LPP) as part of a loan, creating a space of certainty for institutions with credit portfolios exposed to natural disaster risk. As loans are insured against extreme weather events, investment can reach areas previously considered too risky for traditional lending. In the short run, this creates a win-win situation for the lender and the borrower, while also contributing to economic development in the region in the long run