Micro insurance?

Micro insurance refers to insurance products and services that are designed to provide coverage to low-income individuals or those with limited access to traditional insurance options. These policies typically offer small coverage amounts and are more affordable than standard insurance plans. Micro insurance can include coverage for health, life, property, and other risks, and is often sold through non-traditional distribution channels such as mobile phones or community-based organizations. This type of insurance can help protect vulnerable populations from financial hardship in the event of unexpected events or emergencies.

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