Micro Insurance
“Make a difference and make the world a better place”. Most of the people in the industrial world have doubts about this above statement. Micro Insurance helps you to rebuild your life even after a catastrophe. Choosing the Microinsurance policy for your business is a wiser decision for getting appropriate protection against specific perils. Microinsurance plans are suitable for those who cannot access mainstream insurance or any other equivalent government programs.
Key Features Of Products
Whether you are a low-income household and small and medium enterprises or micro business, having a good insurance policy is quite essential. Since every business is vulnerable to risks, especially that are related to health, agriculture, or property. Usually, these risks could be carried out with heavy financial implications, so it is essential to deal with them.
- Term insurance contract with or without the return of premium
- Protects low-income households against risks - illness, crop failure, or death
- Endowment insurance contract
- Health insurance contract
- Insurance can be with or without accident benefit rider.
- Protecting low-income people against specific risks
- Regular payment of premiums
- Principal distinction from traditional insurance
- Addressing the particular risks of low-income people
- Insurance is specifically adapted to suit the needs of the people.
- Suitable for households with low-income
Benefits To Customers:
Micro Insurance offers low-income and poor households with a better way of protecting against any effect of risk. Microinsurance offers the best coverage for individuals who do not have retirement savings or low-income households. Micro-insurance policies are always superior for promoting the people in case of calamities.
- Insurance coverage for specific needs
- Comes with low premiums or coverage
- Helpful for low-income people to protect themselves
- Specific perils when it comes to the exchange of regular premium payments.
- Includes terms health funds, rural health insurance, etc
- Digitalized processing
- Affordability
- Inclusiveness
- Simplicity
- Clarity in documentation
- Accessible processes
- Minimal documents
Why Finkart?
Finkart offers a lot of advanced and flexible financing schemes to severe economic constraints. Microinsurance is suitable for low-income people to access, as it is good-management tools. It helps safeguard people with a minimal level of income. Finakart ensures to provide the unique.
- Research-based solutions
- Customer-centric approach
- Secured digital platform
- Advanced and flexible financing schemes
- Recognized as a useful tool due to different reasons