MicroInsurance Centre Briefing Note # 6 - Financial Risk Management Tools for The Poors

Microinsurance offers a valuable vehicle to reduce the vulnerability of the poor while offering insurers and their agents the potential to expand their markets to low-income households. This note addresses the key risks which poor people often face and details out how microinsurance products and models can help mitigate these risks. It also focuses on the advantages of financial intermediaries like MFIs to partner with insurers entering (or just entered) this low-income market. It also highlights the role of insurers, international donors, and MFIs in the development of the microinsurance sector as a whole.

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