MILK Brief #16: Doing the Math - Life Microinsurance in Mexico


MILK Brief #16: Doing the Math - Life Microinsurance in Mexico

Life products are the most common types of microinsurance both worldwide and in Mexico, where almost 14 million people are covered by life microinsurance. For these studies, the MILK team partnered with Compartamos Banco in Mexico to study an innovative life product Compartamos offers with all of its Credito Mujer loans, reaching over 1.8 million borrowers. For this life product, Compartamos subsidizes the basic level of coverage, automatically providing it with the loan, and clients can voluntarily purchase greater levels of coverage.

 MILK Brief #16 is a MILK Client Math study exploring the value clients receive from the product and its different levels of coverage. The Brief explores financial value by examining how the product helps low-income families cope with the financial consequences of a death and how the insurance product fits into the range of tools available to those families.

File Name: MILK Brief #16 - Doing the Math - Life Microinsurance in Mexico.pdf
File Type: application/pdf
Download: 1165 times
Created Date: 01-17-2013
Author: Derek Poulton and Barbara Magnoni
Publisher: MicroInsurance Centre at Milliman

Quote of the Day

Follow us!

Join our Newsletter to receive updates!

Contact Us

1045 N Lynndale Drive
Suite 2E
Appleton, WI 54914
(920) 257-2179