“…Despite its demonstrated welfare gains, the uptake of index insurance has remained low across many of the contexts in which it has been introduced. Research has identified several important factors affecting uptake, including basis risk (i.e., the deviation between actual losses and losses predicted by the index) (Gine et al, 2008;Mobarak and Rosenzweig, 2012;Jensen et al, 2018), household risk and ambiguity preference (Gine et al, 2008;Hill et al, 2013;Belissa et al, 2019b;Bryan, 2019), upfront premium payments (price) and credit constraints (Cole et al, 2013;Gine et al, 2008;Ntukamazina et al, 2017;Casaburi and Willis, 2018;Belissa et al, 2019a), a lack of trust and understanding (Cole et al, 2013;Ntukamazina et al, 2017;Belissa et al, 2019a), and social network and existing alternative risk-management mechanisms (Mobarak and Rosenzweig, 2012;Dercon et al, 2014;Cai et al, 2015;Sibiko et al, 2018;Takahashi et al, 2019). Due to data constraints, most research in this field has focused on insurance demand at one point in time.…”