Flood insurance can offer assistance to the marginalized people to overcome risks when there is no

opportunity to work during the calamity.

The government, insurance companies and other parties need to introduce the flood insurance system
in a country where flooding often hampers the people's live hoods.

It's not possible to institutionalise insurance only by building awareness. There must be some
compulsion.

The nation has to think if insurance should be made mandatory.

There are certain complexities relating to flood insurance as to who would give the premium - land
owners or the contract farmers.

The people are ready to give 50 per cent of the premium if there is any flood insurance system.

Pubic perception about insurance has improved in recent years.

The state-owned General Insurance Corporation is implementing a pilot insurance scheme based on
weather index. The poor people might not want to give premium for insurance. We need to think about
it as well. It is important to see whether people are getting insurance pay-out timely or not.

The money that is given to the people as relief may be used as premium for insurance.

There should be collective efforts to introduce flood insurance. He emphasised the need for outlining
clear policy on who would pay the premium as the poor do not afford to pay it.