The Regional Economical Agri-Insurance Programme (REAP), a public-private partnership, is a major deliverable of the CARICOM Special Ministerial Taskforce on Food Production and Food Security (MTF) aimed at assisting with the de-risking of the sector through the provision of agricultural insurance for farmers within CARICOM. It is an insurance product, offered by Lynch Caribbean Brokers Ltd, and a consortium of partners, that pays out based on the observed loss when an event damages crop production. The objective is to increase resilience of registered beneficiaries against extreme weather events through a direct payout mechanism that will cover cost of production and/or business interruption; pillared by a multi-perils traditional cover.