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Rainfall insurance

BANGALORE: Rainfall Insurance Scheme for Coffee (RISC), as a weather risk management tool, is being implemented by the Agriculture Insurance Company of India Ltd (AIC) with the support of Coffee Board.

Rainfall insurance protects the coffee grower against anticipated shortfall in the yield arising out of deviations in rainfall within a specific area and period.

It provides payout against deficit rainfall in blossom showers and backing showers and excess rainfall during monsoon rains.

— Staff Reporter

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