male and female farmers who are offered index-based agricultural insurance with those who are offered a variety of savings … instruments. We found that female farm managers were less likely to purchase agricultural insurance and more likely to invest in … savings for emergencies, even when we controlled for access to informal insurance and differences in crop choice. We …

manage drought risk: weather index insurance and a recently released drought-tolerant rice variety. We illustrate how these … independent of insurance, largely due to the yield penalty under normal conditions. When bundled with insurance, however, farmersâ …€™ valuation of the rice increases. Farmers value insurance on its own, but even more so when bundled with the drought …