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This document contains a hypothetical credit life pricing model created by the UK Actuarial Profession Microinsurance Working Party. This is a great life product pricing example and resource for current or future microinsurance providers.
| File Name: | Actuarial_Pricing_Toolkit_IAWG.xlsx |
| File Type: | application/octet-stream |
| Download: | 1114 times |
| Created Date: | 09-27-2017 |
"I was stranded in New York City during the 2003 blackout, and for the next two years, I carried a small flashlight in my backpack. The flashlight did not cost much, but its potential to help in another blackout was obvious and to use it I needed only to press a button. For microinsurance to be accepted on a massive scale, it cannot cost much, its value must be obvious, and it must be simple to use." -- Brandon Matthews | Head of Microinsurance, Zurich Financial Services
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