Microinsurance
Introduction
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Microinsurance, like traditional insurance, is a risk-sharing mechanism in which premiums are paid by all members of the insurance scheme, and this pool of premiums is used to...
Examples of Index-based microinsurance schemes
Index-based insurance for livestock in Mongolia
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Herders in Mongolia. Picture: George Holden
Livestock herding plays a very important role in Mongolia, contributing to 87% of...
Scaling up microinsurance
Sustainability of Microinsurance schemes
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The nature of microinsurance raises questions as to the sustainability of the schemes currently on offer. By their nature microinsurance premiums...
