Over 600 people in Kolkata have bought India’s first ‘climate change’ insurance policies, compensating for income loss or extra costs from extreme weather like heatwaves, floods, and cold waves. Bajaj Allianz leads with heat index policies, while ICICI Lombard and National Insurance plan to launch similar products. These parametric policies use real-time climate data for quick payouts. | Kolkata News
Many in Kolkata buy India’s first climate insurance; heat, rain & cold risks included in policy (Photo: ANI) KOLKATA: Over...
