At SHMA, we recognize the significance of Microinsurance in promoting inclusivity and safeguarding the vulnerable segments of society. Microinsurance is an innovative insurance solution tailored specifically for low-income individuals and underserved communities, providing them with affordable coverage against specific risks. It is used to provide coverage for risks such as health emergencies, natural disasters, crop failures, and other events that can have devastating financial consequences for low-income individuals.
As experienced Actuaries, we have meticulously designed our microinsurance products to offer a robust safety net for the underserved and economically vulnerable populations. Our microinsurance products are thoughtfully crafted to bridge the insurance gap that often leaves millions without access to vital protection. As Actuaries, we carefully assess risks, probabilities, and potential losses, ensuring that our microinsurance plans strike the right balance between affordability and coverage. We take pride in leveraging cutting-edge data analytics and Actuarial expertise to create tailored packages that cater to the specific needs of different communities and regions.