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FINANCIAL INCLUSION AND MICROINSURANCE

THE PHILIPPINE GOVERNMENT’S RESPONSE By. Dir. Joselito Almario. FINANCIAL INCLUSION AND MICROINSURANCE. MAJOR FINANCIAL PRODUCTS OF FINANCIAL INCLUSION. POOR INSURANCE PENETRATION IN LOW INCOME SECTOR.

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FINANCIAL INCLUSION AND MICROINSURANCE

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  1. THE PHILIPPINE GOVERNMENT’S RESPONSE By. Dir. Joselito Almario FINANCIAL INCLUSION AND MICROINSURANCE

  2. MAJOR FINANCIAL PRODUCTS OF FINANCIAL INCLUSION

  3. POOR INSURANCE PENETRATION IN LOW INCOME SECTOR

  4. Work has begun with private sector and technical assistance support from the Asian Development Bank (ADB) and the German International Cooperation (GIZ) AFTER MICROCREDIT, NOW MICROINSURANCE

  5. INCREASING SUPPLY

  6. INCREASING DEMAND

  7. MOVING FORWARD PROMOTE PUBLIC-PRIVATE SECTOR PARTNERSHIPS BY CONSENSUS BUILDIG BUILD ON THE CONDUCIVE POLICY AND REGULATORY ENVIRONMENT SUPPORT PRODUCT INNOVATIONS THROUGH RELAXED REGULATIONS BUILD CAPACITIES OF PROVIDERS AND DELIVERY CHANNELS INCREASE PUBLIC AWARENESS ON INPORTANCE OF RISK PROTECTION

  8. IF MICROCREDIT PROVIDES THE UNSERVED AND UNDERSERVED THEIR PRESENT FINANCIAL NEEDS, MICROINSURANCE WILL PROVIDE FOR THEIR FUTURE UNFORESEEN AND UNEXPECTED FINANCIAL NEEDS

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