A new insurance program in India offers financial support to workers during extreme heatwaves. The "parametric" insurance pays out automatically when temperatures exceed a set threshold, allowing individuals like Sunita Solanki to stay home without losing income. This initiative aims to mitigate the economic impact of deadly heat, which caused an estimated 247 billion lost labor hours in India in 2024. AI
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RANK_REASON Launch of a new insurance product addressing a significant societal and economic issue. [lever_c_demoted from significant: ic=1 ai=0.1]
