Innovations in Insuring the Poor
Ruth Vargas Hill, Maximo Torero
Intl Food Policy Res Inst, Jan 22, 2010 - Social Science - 36 pages
Risk and poverty are inextricably linked. Susceptibility to risk is a defining feature of what it means to be poor. Poor people often live in environments characterized by high weather and disease risk, and it is poor households that have the fewest tools to deal with drought, floods, and disease when they occur. Breaking the link between risk and poverty by insuring poor people both lessens the affliction of poverty and allows poor people to participate in income growth. This set of briefs considers how to increase the tools available to poor households to manage agricultural and health risks. The focus is how to develop insurance markets, along with other financial instruments such as credit, savings, and social protection policies. The series does not document the proven impact of insurance markets for the welfare of poor people; rather, it brings together briefs written by businesspeople, policymakers, and researchers that document innovations, lessons learned, and areas of future work and action.
What people are saying - Write a review
We haven't found any reviews in the usual places.
adverse selection agricultural insurance AGROASEMEX Andthe environment Focus assets basis risk BASIX borrowers brief catastrophic CBHI schemes consumption coverage crop delivery channels developing countries drought Email environment Focus 17 Ethiopia example Food Policy research ForFood,Agriculture further reading Giné groups haricot beans health insurance healthcare herders email@example.com www.ifpri.org Supporte ifprihomeoffice income indemnity index-based insurance India infrastructure innovations insurance companies insurance markets insurance products insurance program insurance schemes international Food Policy K Street livestock insurance loans losses Malawi MFIs microcredit MicroEnsure microfinance institutions microinsurance Mongolia moral hazard mutual organizations Nyala Nyala Insurance offer payment payout percent pilot Policy research institute poor households poverty premiums reduce reinsurance research institute 2033 risk management safety nets shocks Skype social protection social safety Tanzania USA Phone weather index insurance weather insurance weather stations woreda World Bank World Food Programme www.ifpri.org Supporte sustainabl Yes Yes