WeatherIt Products

WeatherIt products are parametric insurance products designed to provide financial protection against defined adverse weather conditions.

flowchart LR
    subgraph How["How It Works"]
        direction LR
        A["Customer purchases<br/>weather protection"] --> B["Weather conditions<br/>monitored automatically"]
        B --> C{"Trigger<br/>conditions met?"}
        C -->|"Yes"| D["Automatic payout<br/>— no claim needed"]
        C -->|"No"| E["Coverage ends<br/>— no action needed"]
    end

    style A fill:#e3f2fd
    style B fill:#e3f2fd
    style C fill:#fff3e0
    style D fill:#e8f5e9
    style E fill:#f5f5f5

This section explains: