This paper examines the effect of microinsurance usage on household asset welfare,
measured as asset accumulation index using a sample of 2006 households with access to …

The National Treasury and Financial Services Board in 2011 highlighted the urgent need of
an inclusive insurance sector for low-income households known as microinsurance. The …

Low-income people in developing countries, who are the most vulnerable and particularly
exposed to risks in their daily life such as diseases or drought, often have no access to …

The financial services industry is characterized by product suppliers having more
information than consumers regarding product features and services. The purpose of this …

South African insurance companies have made substantial in-roads into the low-income
segments of the insurance market. The strength of microinsurance—insurance products …

Insurance plays a significant role in the development of emerging economies (Outreville,
1990). Han, Li, Moshirian, and Tian (2010) in their study of the relation between insurance …

In emerging markets such as Ghana most of the population are low and middle-income
earners largely working in the informal sector. They represent the single biggest potential …

The primary goal of the International Labour Organization (ILO) is to contribute with member
States to achieve full and productive employment and decent work for all. The Decent Work …