Publication: Microinsurance : Extending Pro-Poor Risk Management through the Social Fund Platform
Date
2008-10
ISSN
Published
2008-10
Author(s)
Abstract
Microinsurance (MI) can be an effective
complement to existing menus of social protection programs.
A flexible and powerful instrument, MI reduces vulnerability
and mitigates the negative effects of external shocks on
poor households. However, MI programs require well-developed
institutional arrangements in order to run in an efficient
and effective manner. Such conditions can be difficult to
find in low-income countries. Social funds can help bridge
this gap, standing as a platform to organize and deliver MI
products. This social funds innovations note introduces some
of the primary design principles behind MI program
development, highlighting cases of best practice, and
suggests how social funds can be used to deliver MI services
more effectively to poor households.
Citation
“Maleika, Marc; Kuriakose, Anne T.. 2008. Microinsurance : Extending Pro-Poor Risk Management through the Social Fund Platform. Social Funds Innovation Notes. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/3152892d-7815-57e7-8ed6-fb82db5853c6 License: CC BY 3.0 IGO.”