Insurance Policy Benefits Haiti

Instead of waiting for aid to trickle down, Haiti received an immediate disbursement of $23 million from the Caribbean Catastrophe Risk Insurance Facility (CCRIF). The payment was due under a tropical cyclone policy the CCRIF had issued to Haiti back in 2009. While the country still waits for the emergency funds requested by the United Nations, the CCRIF claims payment  allowed the Haitian government to pay emergency personnel, keeping essential government functions operational at a critical time.


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