Microinsurance a pillar for financial inclusion

Microinsurance is designed to provide low-cost, accessible insurance products tailored to low-income earners and informal businesses.

IN Zimbabwe’s insurance sector, much attention is given to short-term and life insurance businesses, which dominate industry discussions. AdvertisementsHowever, a silent revolution is underway in microinsurance, a sector poised for exponential growth if the economy maintains its current trajectory.With regulatory authorities such as the Insurance and Pensions Commission (IPEC) pushing for financial inclusion, microinsurance has…

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