Published Paper Details:

Agriculture is one of the major economic activities in Kerala which is largely affected by Climate change. Insurance is seen as an effective tool to adapt to weather adversities. The study evaluated the present status, constraints and prospects of Restructured Weather based crop insurance for Paddy in Palakkad in the most insured blocks of Kollengode , Nenmara and Alathur. A specific analysis was made to present the claims ratio, breakeven ratio and Compound Annual Growth Rate. Despite a positive growth in enrolment (CAGR 0.13) and an increase in gross premium (CAGR 0.36), farmers continue to face significant challenges with the scheme. Delays in claim settlements (34.76), concerns over AWS reliability (47.14), and the distant location of weather stations (38.1) have made participation less appealing. Analyzing claims ratios, breakeven points, and penetration trends reveals a clear need for better coverage and a more reliable system. This paper provides an overview of the paddy cultivators' perception of crop insurance.