Paper
Micro-Insurance: A Safety Net in Risky Waters
Demand assessment of microinsurance products in Sri Lanka
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19 pages
This document is a research article, carrying information about the various risks to which poor people in Sri Lanka are exposed, and discusses the following:
- Risks that poor people are facing in Sri Lanka;
- Need to have proper risk management tools for such people;
- Methodology adopted to carry out the research;
- Key findings and limitations of the research.
The document also deals with the following:
- Need for microinsurance products;
- Introduction to Yasiru-a mutual and self managed insurance scheme for poorest of people in Sri Lanka and the activities it is involved with;
- Institutional framework of Yasiru and its working methodology;
- Progress and development of Yasiru - mutual provident society;
- Need to develop new products according to the needs of the people, especially farmers.
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