Microinsurance

Author:

Published:

Updated:

« Back to Glossary Index

Definition of “Microinsurance” :

Microinsurance is a type of insurance designed for low-income individuals and businesses in South Africa. It offers coverage for a variety of risks, such as illness, death, or property damage, at affordable premiums, making it accessible to those who typically can’t afford traditional insurance policies.

« Back to Glossary Index

Latest guides