Rainfall insurance in India has failed to reduce risks in dryland farming for several reasons: - Village-level rainfall data varied widely from reference station data from 2005-2013, meaning insurance payouts did not accurately reflect local conditions. - Important crops grown by farmers were not covered by insurance policies. - Compensation levels were less than 50% of losses, making insurance less attractive to farmers. - The methodology for determining payouts lacked transparency. - Poor farmers faced price and liquidity constraints in paying premiums. - Lack of trust between farmers and insurance providers.