What is Micro Insurance?

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What is Micro Insurance?
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Microinsurance is the security of low-income
individuals against specific perils in return for
regular premium payment proportionate to the
probability and cost of the risks
involved. Health insurances are often expensive,
and people with low income can hardly afford
them. However, fidypay offers a micro Insurance
plan for low-income people to pay as regular
premium payments. The micro Insurance will help
them cope with any illness, injuries, etc.
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Benefits of Micro Insurance

• Microinsurance items offer inclusion to
  low-income families or to people who have little
  savings.
• It is customized explicitly for lower esteemed
  resources and pay for sickness, injury, or death.
• Most microinsurance provides inclusion to people
  without retirement savings or adults in
  low-income families.
• Sales need to happen through channels that reach
  low-income people where they are, such as
  cooperatives, input suppliers, microfinance
  banks, or simple mobile phones.

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To Know MoreVisit
https//fidypay.com/micro_insurance.html