Agriculture is source of livelihood for a majority in India and it is heavily dependent on the weather conditions. The changing weather trends have a significant impact on the economy especially in the areas where agriculture is key source of income. A weather insurance policy helps to deal with the adverse climatic changes. It is an index based products which compensates individuals for their loss. The loss should be a result of varying weather condition like rainfall, speed of the wind, humidity and other such conditions. If you are a bank, farmer or organization whose repayments are affected by weather then, you can buy this policy.