Applications
- 3.6.1 Crop Insurance Verification — Using multispectral and SAR satellite imagery to independently verify crop type, area, growth stage, and loss claims before insurance payouts are approved.
- 3.6.2 Parametric Agriculture Insurance — Triggering automatic insurance payouts to farmers based on satellite-derived indices — rainfall deficit, vegetation stress, soil moisture — without requiring ground-level loss adjustment.
- 3.6.3 Yield Insurance Analytics — Using multi-spectral and SAR satellite time-series to independently estimate crop yields at field scale, underpinning actuarially sound agricultural insurance pricing and claims settlement.
- 3.6.4 Farm Damage Assessment — Rapid, tamper-proof satellite quantification of crop and infrastructure damage on individual farms after floods, drought, hail, fire or pest events.
- 3.6.5 Agricultural Financial Risk — Quantifying systemic financial exposure across an entire national agricultural portfolio using satellite-derived crop stress, drought, and production-deficit indices.