New insurance pays Indian workers to stay home when heat turns deadly
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Clothes seller Lata Solanki used to face a devastating choice when India’s summer heat hit dangerous levels: risk her health going door-to-door for sales, or lose her income?
Key facts
The “parametric” model pays out automatically when specific triggers are breached, in Solanki’s case after two consecutive days at 43.72 degrees Celsius (110 degrees
Clothes seller Lata Solanki used to face a devastating choice when India’s summer heat hit dangerous levels: risk her health going door-to-door for sales, or lose her income