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The Demand for Micro-Insurance: A Literature Review

Why are demand and renewal rates for microinsurance so low despite the important protection it may offer? To address the puzzle this paper provides a selective overview of the current state of research on demand for microinsurance. It first looks at the theoretical research and then reviews the empirical evidence on the factors influencing demand for insurance.

Author: Ombeline De Bock and Wouter Gelade
Country: Switzerland