Microinsurance is a type of insurance designed to help people with low incomes or who live in economically vulnerable areas obtain insurance at a low cost. Microinsurance is a way to protect your finances in the event of illness, accident, or natural disaster. It is intended for people who may not be able to afford …

Microinsurance is a financial product that helps low-income people and communities access insurance at a price they can afford. These people and communities are often excluded from mainstream insurance markets. This new way of working aims to protect vulnerable people from risks such as illness, natural disasters, and unemployment. Microinsurance has come a long way …