CREAD launches new insurance scheme to offer protection against hurricanes

The Climate Resilience Agency for Dominica (CREAD), on Tuesday announced the launch of its parametric protection product which will be sold by the West Coast and Grand Bay Cooperative Credit Unions for the 2021 hurricane season.

The Flexible Hurricane Protection (FHP) offers protection against tropical storms to those hurricane with intensity up to category 5.

Economic Growth Lead at CREAD is Brent Barnett.