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Features of Micro Insurance
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Features of Micro Insurance

Features of micro insurance

  1. Micro-insurance is a key element in the financial services package for people at the bottom of the pyramid. That means the term is used to refer to insurance to the low- income people.
  2. It has low premium.
  3. It has low coverage limits.
  4. These include both health risks (illness, injury, or death) and property risks (damage or loss).
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