How can microinsurance be used to extend social protection?
Microinsurance is one of the available instruments for the extension of social protection to excluded groups. It is particularly relevant in situations where the government lacks the resources and capacity to provide social protection. Even in situations where the resources are available, if governments support microinsurance as a social protection mechanism, it may be a more efficient means of social protection than services provided entirely by the government. However, extending social protection through microinsurance is not an easy task; we therefore recommend taking a dynamic, three-pronged approach: • Bottom-up initiatives: To stimulate grassroot development of microinsurance, it is necessary to sensitize the general public, policymakers, donors and development agencies, as well as social partners and other social protection actors, to how microinsurance works and its potential contribution to social protection. • Developing linkages with government interventions, other microinsu
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