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Micro-Insurance in the Context of Social Protection

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  • Thankom Arun
  • Susan Steiner

Abstract

This paper aims to understand the role of micro-insurance as an element of social protection. It outlines the current status of micro-insurance provision in Ghana and Sri Lanka, two countries with very different socio-cultural backgrounds. It concludes that both countries are unlikely to extend their social security systems to the entire population in the short to medium term, making private micro-insurance initiatives essential mechanisms to help people reduce their vulnerability.

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File URL: http://www.bwpi.manchester.ac.uk/medialibrary/publications/working_papers/bwpi-wp-5508.pdf
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Bibliographic Info

Paper provided by BWPI, The University of Manchester in its series Brooks World Poverty Institute Working Paper Series with number 5508.

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Date of creation: 2008
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Handle: RePEc:bwp:bwppap:5508

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Cited by:
  1. Dorothee Crayen & Christa Hainz & Christiane Ströh de Martinez, 2012. "Remittances, Banking Status and the Usage of Insurance Schemes," Ifo Working Paper Series Ifo Working Paper No. 137, Ifo Institute for Economic Research at the University of Munich.
  2. Arun, Thankom & Bendig, Mirko & Arun, Shoba, 2012. "Bequest Motives and Determinants of Micro Life Insurance in Sri Lanka," World Development, Elsevier, Elsevier, vol. 40(8), pages 1700-1711.

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