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What is Microinsurance?

This is the first in a series of short notes exploring this exciting new expansion of access to financial services. Because most low-income people in developing countries are self-employed or employed in small firms, they have not had access to insurance products that fit their needs through adequate delivery channels, premiums, coverage, premium collection, and product simplicity. Fortunately, there are a variety of new innovations that hold the promise of both reaching the poorest and being profitable.

  • Resource type
  • Author McCord, M.; Roth, J.;
  • Year of Publication2006
  • Region
  • LanguageEnglish
  • Number of pages5 pp.

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