The definition of microinsurance can be split into its two aspects: Firstly, what constitutes insurance and secondly …, what is micro in microinsurance. This chapter offers an explanation of both aspects …

assistance. Therefore, micro-insurance schemes have built up in many countries to fill the gap and reduce the vulnerability of … people in the informal sector. The question is how much micro-insurance can do in this regard: To what degree can micro-insurance … crucial for analysing the potential of micro-insurance. Micro-insurance is no substitute for social transfers, which are …