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Advancing financial inclusion through access to insurance: the role of postal networks

Briefing Note #:

  38
 

Title:

  Advancing financial inclusion through access to insurance: the role of postal networks
 

Author(s):


Guilherme Suedekum, UPU and ILO
 

Date of Publication:

  August 2016
 

Summary:


With 1.5 billion people worldwide getting access to financial services through a post office, postal networks are powerful tools to advance financial inclusion. Posts possess or can develop characteristics such as client understanding, product diversification, national outreach, rural advantage, and trust with clients that have the potential to transform postal networks into well-suited providers of insurance. Insurance is a relatively easy way for posts to diversify their sources of revenue.

This Briefing Note is excerpted from our paper on the same subject, click here to read it.

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