PULA Insurance

Pula is an agricultural insurance and technology company that designs and delivers innovative insurance products and digital tools to help smallholder farmers manage climate risks and improve their livelihoods. ​

Benefits:

• Climate Risk Protection: Provides coverage against droughts, floods, pests, and diseases, safeguarding farmers' investments.
• Increased Productivity: Access to insurance encourages farmers to invest more in quality inputs, leading to higher yields.
• Financial Resilience: Quick payouts enable farmers to recover swiftly from losses, maintaining their income stability.
• Accessible Solutions: Utilizes digital platforms and partnerships to make insurance affordable and reachable for smallholder farmers.

Pula’s Yield Index Insurance (YII) covers all risks that affect yield. The cover insures the value of the purchased inputs against low yield, and would replace the purchase to registered farmers at the end of the season. Under this cover, the country is divided  into agro-ecological zones (AEZs)based on historical rainfall, temperatures, prior yields etc, and average historical yield data is determined for each zone based on past data.