Many informal sector employees in developing and emerging countries lack access to reliable forms of social protection: They cannot afford to buy private insurance, they are not covered by social insurance, and they are not entitled to social assistance. Therefore, micro-insurance schemes have...

Microinsurance has become a very popular concept in the international development debate. It is an arrangement whereby the members pool their risks, but at contribution levels that even people on low and fluctuating incomes can afford. This concept can be realised for life and disability...