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Providing insurance responsibly

Briefing Note #:

  42
 

Title:

  Providing insurance responsibly
 

Author(s):


Camyla Fonseca and Craig Churchill, the ILO's Impact Insurance Facility
 

Date of Publication:

  August 2018
 

Summary:


Emerging consumers have a real need for protection and insurance holds the promise to reduce their vulnerability to risks while boosting productivity. At the same time, unserved market segments are usually unfamiliar with insurance, may have low trust in this tool or struggle to understand how it works and how it can generate long-term benefits. Therefore, for insurance to have a significant social and developmental impact, these specificities need to be taken into account through a responsible insurance provision approach. But what does responsible mean?

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

Download the publication (PDF)