Briefing Note #17: Why people do not buy microinsurance and what can we do about it

The findings of Briefing Note #17 debunk some of the most common myths about demand for microinsurance. The briefing note aims to help practitioners understand what factors determine demand for their microinsurance products. Based on a review of more than 30 studies, it blends academic findings with practical examples and presents solutions to improve demand.

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Author(s)

  • Michal Matul (the ILO's Microinsurance Innovation Facility), Aparna Dalal (the ILO's Microinsurance Innovation Facility), Ombeline De Bock (Centre for Research in Economic Development (CRED), University of Namur, Belgium) and Wouter Gelade (Centre for Res