MILK Brief #8: Doing the Math - Cashless Funeral Microinsurance in Colombia
In September 2011 the MILK team partnered with MAPFRE Colombia in Bogota to study how policyholders and non-policyholders of MAPFRE’s CODENSA “Seguro Exequial” funeral insurance policy cope financially with the death of a family member. We implemented MILK’s Client Math methodology to better understand the financial tools available to and used by those with and without insurance and to conduct a quantitative assessment of the plausible gains to having insurance.
|File Name:||MILK Brief 8 - Cashless Funeral MI in Colombia.pdf|
|Author:||Barbara Magnoni and Derek Poulton|
|Publisher:||MicroInsurance Centre at Milliman|