Friday, March 06, 2009

Inclusive insurance

Books of Account
Financial Inclusion
Sameer Kochhar, R. Chandrashekhar, K. C. Chakrabarty, and Deepak B. Phatak
( http://www.academicfoundation.com/ )

Elusive inclusion

How can we achieve inclusive insurance, be it in the rural sector for the below poverty line masses, or in urban or semi-urban sectors? By first achieving a gross simplification of products, both in their definition and processes such as underwriting and claim settlement, writes M. Ramadoss in ‘Building a cost-effective distribution channel,’ an essay included in Financial Inclusion.

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