Health Mutuals: Microinsurance Band Aid
The majority of humanity still lacks access to health insurance. A project run by Bajaj Allianz and CARE India is offering health insurance in a new way.
The majority of humanity still lacks access to health insurance. A project run by Bajaj Allianz and CARE India is offering health insurance in a new way.
India is home to more poor people than any other country worldwide. Microinsurance can offer them some protection, but there are still many challenges.
Microfinance institutions have weathered the global financial storm remarkably well, but in 2009 the credit crunch and global recession could hit the sector hard.
Micro life insurance is one of the most widespread financial services available in developing countries. Opportunities to save, however, are still rare. A new policy from Bajaj Allianz now provides both life insurance and savings.
With the expansion of microfinance, criticism is mounting that loans for poor people without financial education can become a debt trap. How real is the threat?
Insurance in conformity with Islamic law has existed for hundreds of years. Now its comeback could help Southeast Asia better deal with natural disasters and catastrophes.
