The purpose of the research was to estimate the demand for microinsurance in Indonesia, as well as its potential supply in terms of risk takers (e.g., regulated insurers and government) and various delivery channels. The information gained should lead to an understanding of the options available for undertaking pilot initiatives. In the long term, the research and implementation of the findings should support the development of sustainable livelihoods by making microinsurance available to the poor and the disadvantaged people as well as workers in the informal sector. It should also lead to exploration of the use of microinsurance as a safety net mechanism to reduce the economic vulnerability of low-income populations.
Allianz, GIZ, UNDP