International Journal of Scientific Research and Engineering Development( International Peer Reviewed Open Access Journal ) ISSN [ Online ] : 2581 - 7175 |
A Study of Financial Literature on Micro Insurance in Coimbatore City
International Journal of Scientific Research and Engineering Development (IJSRED) | ||
Published Issue : Volume-4 Issue-2 | ||
Year of Publication : 2021 | ||
Unique Identification Number : IJSRED-V4I2P59 | ||
Authors : Ms. Rumitha, Mrs.R.Murugalakshmi | ||
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Abstract :
Poor people are the most vulnerable to shocks arising from sickness, accidents, death or loss of assets due to natural 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.