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Micro-Insurance: A Safety Net in Risky Waters

Demand assessment of microinsurance products in Sri Lanka
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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.

About this Publication

By Fokma, F.
Published