Micro-insurance products are coverage policies targeted at households with low income levels. Micro-insurance plans provide tailored insurance coverage policies for individuals with little or low saving plans. Such policies provide lower value assets and compensation for injury, illness, or death to an individual than in other insurance policies. Micro-insurance companies assist poor families by offering customized insurance plans to meet the specific needs of the customers. The value of the coverage policy is lower compared to other insurance plans because of which the policyholder pays smaller premiums to the insurance company than in the case of a usual plan. The micro-insurance market is stronger in developing countries which offer high growth opportunities for the insurance industry

PART 01: Executive summary

Highlights

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

Definition of micro-insurance

Key players in micro-insurance value chain

Micro-insurance transaction

Role of policy and regulation in shaping business

environment of micro-insurance sector

Difference between traditional insurance and microinsurance

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market drivers

Encouraging regulatory environment

Impact of growing urbanization on markets pertaining to

life micro-insurance, health micro-insurance, and various

kinds of agricultural insurance

Different valuation strategies

PART 07: Impact of drivers

PART 08: Market challenges

Decapitalization due to high insurance claims

Lack of trained staff to explain insurance products to the

poor

Difficulty in credit assessment

PART 09: Impact of drivers and challenges

PART 10: Market trends

Increase in financial inclusion programs

Micro-insurance becoming mandatory

Leveraging social media channels for better market

penetration and better customer connectivity

PART 11: Vendor landscape

Competitive landscape

Other prominent vendors

PART 12: Key vendor analysis

AIG Philippines

Asian Life and General Assurance

CARD Pioneer

CLIMBS Life

PART 13: Appendix

List of abbreviations

PART 14: Explore Technavio