How do small-holder farmers understand insurance, and how much do they want it? Evidence from Africa.

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After the Drought: The Impact of Microinsurance on Consumption Smoothing and Asset Protection (2013, unknown): “Other research has shown that barriers to the uptake of index insurance in similar contexts are often non-price factors including trust and understanding of the contract, risk aversion, wealth and financial liquidity, and access to informal risk sharing networks, rather than heterogeneous willingnes”
Financial instruments for disaster risk management and climate change adaptation (2015, background): “Both trust and financial literacy can be improved through educational awareness, and simulation games have been developed to improve understanding of insurance products (Patt et al. 2010).”
The Demand for Microinsurance: A Literature Review (2017, background): “Patt et al. (2010), on the other hand, find hardly any differences in understanding after a traditional training session by explanation and one by playing games.”
Informing Climate Adaptation: A Review of the Economic Costs of Natural Disasters, Their Determinants, and Risk Reduction Options (2012, unknown): “A survey and experimental game in Ethiopia and Malawi found that many farmers lacked understanding of core insurance concepts and, not surprisingly, this was correlated with education level; farmers with a better understanding of insurance had a higher demand for it (Patt et al. 2010).”