Preferences for index-based crop insurance in South Africa.

Unlabelled: The main reason cited for the low participation rate in indexed insurance in Africa is the lack of farmers' involvement in the initial conception. The main aim of this article was, therefore, to design an improved participatory methodology that would help farmers in South Africa gather information on the value they place in new crop insurance initiatives based on weather indices. The main objective of this study was to determine their willingness to pay (WTP) crop insurance in the Eastern Cape.