Case Studies (illustrative purposes only), Agriculture

Banana Farmer

After a major Category 4 cyclone hits the area, a farmer experiences the devastating total loss of their uninsured banana crop. They were unable to insure it as there is currently no cover available, and they still owe QRIDA from previous uninsured cyclone damage. They face bankruptcy.

If they had purchased 1,000 units of Redicova with a Sum Insured of $1,000,000 this could have helped their ability to continue operations and avoid bankruptcy.