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Linking insurance with remittances through technology

IFAD piloted a new microinsurance distribution channel linked to remittance services, promoting partnerships between Money Transfer Operators (MTOs) and insurance companies who wish to develop customised products for migrant workers and their families back home.  The project involved financial literacy to strengthen the knowledge of remittance families on the benefits of insurance and how to issue claims digitally.

Date of Publication
Source / Publisher
International Fund for Agricultural Development (IFAD)
Language
English
Geographic Scope
Global
Workstream Output
Off
Regional Review Process
No
GCM Objectives
Cross Cutting Theme
Sustainable development
Whole-of-society approach
Keywords
Remittances
Status
Published

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