This paper looks at microinsurance from the perspective of microfinance institutions (MFIs), which are important microinsurance delivery channels. By reviewing the experiences of three Indian MFIs—SPANDANA in Andra Pradesh, and SHEPHERD and ASA in Tamil Nadu—it seeks to answer questions about what products to offer, and how to design and deliver them. Even though these organizations operate in similar environments, they have adopted very different approaches, which presumably make sense given their experiences, degree of maturity, and intentions. Insights into the choices they made, and the reasons for making those choices, may benefit others.
CGAP Working Group on Microinsurance