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payments and financial literacy, as well as markets for health insurance, crop insurance, agricultural credit, small firm … finance, and microcredit/ microfinance. It goes on to discuss various empirical and institutional studies of these dimensions …
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This paper is an attempt to understand the factors behind low contract renewal rates frequently observed in insurance … that deficient information about the insurance product and the functioning of the scheme, and poor understanding of the … insurance concept are the major causes of the low contract renewal rate among households which had previously enrolled into the …
Persistent link: https://www.econbiz.de/10010212492
for the financial inclusion of the poor. This study examined the influence of insurance literacy and demographics on the … likely hood of having a micro-insurance policy. The survey was conducted in the National Capital Region (NCR), India. Micro-insurance … analysis. Results show that insurance literacy score, income, employment and education increased the likely hood of owning an …
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calamities and riots, etc. Micro insurance is the protection of such low-income people against specific perils in exchange for … regular premium payments proportionate to the likelihood and cost of the risk involved. Micro insurance is recognized as the … terrain where innovation in insurance can be and indeed is being experimented. The strongest drive to understand more about …
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Microcredit institutions typically apply rigid and fixed repayment schedules when disbursing loans in order to reduce transaction costs, simplify procedures, and inculcate fiscal discipline for better repayment behavior. Microcredit clients, however, often have neither smooth income nor singular...
Persistent link: https://www.econbiz.de/10011410584