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Introduction to microinsurance

Duration: 3 days


Microinsurance is an important risk management tool for low-income households. Before entering the market, it is crucial that potential and new players have an understanding of the concept of microinsurance and the low-income market in order to offer quality microinsurance products to the market. 

Training Objectives:

By the end of this course, participants will be able to:

  • Understand what is microinsurance, its types of products and different models used to deliver microinsurance
  • Understand the characteristics and needs of low-income households and how good microinsurance products can address such needs 
  • Identify ways that a microinsurance unit can be structured internally
  • Identify success factors and challenges in making microinsurance viable for providers
  • Understand the relationship between client value and viability Define an action plan 

Who could benefit from the training:

  • Insurance practitioners exploring and setting up microinsurance programmes in their organizations
  • Members of financial institutions that are interested in offering microinsurance products


The training’s participative sessions will utilise interactive activities that include small group discussions and exercises, roleplay, case study analyses, group presentations, and puzzle solving.