MICRO-INSURANCE IN EMERGING MARKET: CHAPTER BANGLADESH

The study focuses on Micro-Insurance in Bangladesh, an emerging market. The policy environment for Micro-Insurance market in Bangladesh is studied with the initiatives by various sectors. This paper also aims at understanding the perspective of Micro-Insurance in emerging market in Bangladesh. The study uses published secondary data from various relevant sources websites, journals, publications and the researchers have used personal observation and experience regarding the country’s socio economic and political background and their impact on the Micro-Insurance. Microfinance institutions are developing new financial products and services to meet increasing client demand and Micro-Insurance is one of the products that are gaining wide attention in the world of microfinance. In Bangladesh this Micro-Insurance product of Microfinance is newly adopted various MFIs/NGOs and offer various products to the poor people and ensure their unknowable risk.