Micro Insurance: A Safety Net With Too Many Holes?

Unlike micro lending -- the better-known side of micro finance -- micro insurance has been a hard sell among the world’s poor. The reasons why include a lack of understanding of how insurance products work a general reticence on the part of poor populations to part with their meager financial resources badly designed products and a shortage of localized risk management knowledge among providers. What needs to happen for micro insurance to prove that it can be both socially beneficial and economically viable? Hosted on Acast. See acast.com/privacy for more information.