Doing the math: Cashless funeral insurance in Colombia

Description: 

In September 2011 the MILK team partnered with MAPFRE Colombia in Bogota to study how policyholders and non-policyholders of MAPFRE’s CODENSA “Seguro Exequial” funeral insurance policy cope financially with the death of a family member. They implemented MILK’s Client Math methodology to better understand the financial tools available to and used by those with and without insurance and to conduct a quantitative assessment of the plausible gains to having insurance.

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Author: 

Barbara Magnoni, Derek Poult

Publisher: 

MicroInsurance Center - MILK

Number of pages: 

8

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