[Microinsurancefocus] IFPRI 2020 Focus on Innovations in Insuring the Poor_New Briefs

[Microinsurance Network]

Innovations in Insuring the Poor 

http://www.ifpri.org/sites/default/files/coverimage/focus17.jpg?1263482959

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.

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