This study, therefore sought to identify the best form of risk protection to ensure rural microinsurance was identified to be superior to traditional coping mechanisms especially in the area of reliability and on the topic of microinsurance, country specific literature is limited in ghana since the field is relatively new. World‟s poor are in india and hence there is a huge need to improvefinancial security for these low income people in the country micro insurance can be one of such tool that can mitigate the risk for low income group review of literature:- few studies (wadhawan, 1987 ellis, 2000 and bhat and. This study aims to offer a literature review on microinsurance, focusing on its financial performance and social impact the aim is to review current research in microinsurance performance over the past decade, microinsurance has aroused the interest of the scientific community scholars have monitored its development. Microinsurance - or the insurance for the poor - has been considered as the next revolution in addressing risks and vulnerability in low-income countries in particular, huge investments have been made in the last decade by several development agencies (among which usaid and the gates foundation) in this. The review is structured along three core issues: the need for careful evaluation of the impact of microinsurance on the poor, the need to increase our understanding of the nature of the demand for microinsurance, including dimensions related to trust and the understanding of insurance by the poor, and. Challenges of the microinsurance sector 26 24 conclusion 27 references 28 chapter 3 the impact of microinsurance on household asset accumulation in ghana: an asset index approach 32 31 introduction 32 32 literature review 34 stellenbosch university. Abstract purpose – this study aims to offer a literature review on microinsurance, focusing on its financial performance and social impact the aim is to review current research in microinsurance performance over the past decade, microinsurance has aroused the interest of the scientific community scholars have.
Trials, remains at an early stage, we feel that a systematic literature review related to this issue would be constructive at this time to compile the evidence which has been gathered in disparate studies and to provide directions for future research we are aware that ralf radermacher at the microinsurance. Research paper #35 provides a selective overview of the current state of research on the impact of microinsurance its key purpose is to explore the role played by insurance in developing countries in reviewing the most recent literature about the impact of microinsurance in developing countries, special attention is given to. This study aims to examine the relationship between microinsurance against weather-related risks and levels of investment among covered farmers the analysis is done by reviewing relevant literature, by developing a model of a farmer's investment decisions and by distributing a survey among farmers in and around. Health microinsurance – review - 2016 3 2 method & definitions a rapid review of the literature was conducted to identify peer-reviewed publications and reports of research studies and project evaluations, in which hmi were delivered to vulnerable population within low and middle income.
Networks finmark trust (fmt) commissioned this report as a literature review of current practice in the field of health microinsurance in selected regions around the world (henceforth referred to as hmi) it is hoped that the experience in these regions will help to set out a best- practice approach for health. Yet, voluntary demand from people has been low, shedding doubt on the viability of microinsurance as a useful risk-management tool to better understand this puzzle, this paper reviews both the theoretical and empirical literature on the demand for insurance while people's lack of understanding of insurance does seem. As precautionary savings cole et al (2012) conduct a systematic review of the effectiveness of microinsurance, and specifically index-based insurance, in helping smallholders manage weather-related risks their review identifies a substantial evidence gap in the literature on the impact of index- based microinsurance.
13 objective of the study to establish the effect of mobile phone technology on the growth of micro insurance in kenya 14 value of the study this study will provide a source of reference, literature review and basis upon which further studies can be developed, increase knowledge of relevance and inform action to policy. Literature review on microinsurance / stefan dercon and martina kirchberger in collaboration with jan willem gunning and jean-philippe platteau international labour office - geneva: ilo, 2008 33 p (microinsurance paper no1) isbn: 9789221330459 (web pdf) international labour office microinsurance / literature.
Systematic review of the literature since 1990) of factors affecting voluntary uptake of community- based health insurance schemes in low- and middle- income countries the evidence shows, in addition to pointing out the more predictable demand and supply factors, that voluntary increase in uptake of cbhi schemes is. Part ii contains the literature review about microinsurance innovations it first looks into the source of demand for microinsurance it then focuses on microinsurance products where the most number of innovations has happened the discussion ranges from the challenges of designing microinsurance. Issn 1923-4023 e-issn 1923-4031 2 literature review 21 risks faced by micro-insurance service providers product design risk in the context of micro- insurance results because potential clients are exposed to a myriad of risks, all of which cannot be feasibly insured (roth et al, 2007 mbogo, 2010.
To date, only one systematic review in the domain of microinsurance has been conducted in 2004, björn ekman published a systematic literature review of the impact of micro health insurance schemes (ekman, 2004) ekman's research question was limited to whether voluntary, not-for-profit health insurance products. Prabhakaran (2007)2 stated in his study that the issue of consumer awareness had a deeper significance in emerging markets as the economic growth outweighed the social growth due to the absence of awareness levels on the financial tools like life micro insurance the author also opined that creating awareness on. This literature review was written by rodney lester, expert consultant, for the global capital markets and non-bank an integrated literature review to examine how insurance supports this mission why this microinsurance can have positive effects on health utilization, income maximizing investment strategies for poor.
Moreover, explaining low renewal rates is critical for a correct assessment of the potential of microinsurance and its long-term sustainability our literature review is extensive, covering a wide range of topics including behavioral models, supply deficiencies of insurances and the role of existing substitutes of insurances. This desk-top study reviews microinsurance schemes that provide cover for natural disaster risks in this section, we review microinsurance schemes that offer cover for disaster risk in 1 the review focuses on documentation in the english-speaking literature and does not include projects under development. Academic literature microinsurance provides easily accessible and affordable insurance for life, property, crops and health against the risks of natural disasters in addition to the reduction of experiment accompanied by a survey and behavioural games were conducted in rural cambodia the paper is structured as. In the fourth chapter, a review of the relevant literature is given this chapter is divided into a review of the established field of quantitative studies on regular life insurance demand and the rather unexplored field of microinsurance demand to highlight similarities and differences subsequently, building.