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The Determinants of Microinsurance Demand in South Africa
Low-income households face significant risk that influence their financial decisions and perpetuate poverty. This population group is adversely affected by illnesses, natural disasters, unemployment, and accidents than other groups because, among other things, they lack proper insurance. Microinsura...
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| Format: | Thesis |
| Language: | Eng |
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School of Economics
2024
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| _version_ | 1867613186560098304 |
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| access_status_str | Open Access |
| author | Morekwa, Edger |
| author2 | Grzybowski, Lukasz |
| author_browse | Grzybowski, Lukasz Morekwa, Edger |
| author_facet | Grzybowski, Lukasz Morekwa, Edger |
| author_sort | Morekwa, Edger |
| collection | Thesis |
| description | Low-income households face significant risk that influence their financial decisions and perpetuate poverty. This population group is adversely affected by illnesses, natural disasters, unemployment, and accidents than other groups because, among other things, they lack proper insurance. Microinsurance was introduced as a revolutionary tool with the potential to prevent poverty traps and offer reliable and affordable risk mitigation options to the poor. By providing replacement revenues in the event of insured losses and boosting positive outcomes, microinsurance can significantly reduce the welfare costs related to uninsured risks. Over the years, the take up rate of microinsurance have been low and declining. The study seeks to shed light on the determinants of microinsurance demand in South Africa. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/40371 |
| institution | University of Cape Town (South Africa) |
| language | Eng |
| last_indexed | 2026-06-10T12:32:08.355Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | School of Economics |
| publisherStr | School of Economics |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/40371 The Determinants of Microinsurance Demand in South Africa Morekwa, Edger Grzybowski, Lukasz Economics Low-income households face significant risk that influence their financial decisions and perpetuate poverty. This population group is adversely affected by illnesses, natural disasters, unemployment, and accidents than other groups because, among other things, they lack proper insurance. Microinsurance was introduced as a revolutionary tool with the potential to prevent poverty traps and offer reliable and affordable risk mitigation options to the poor. By providing replacement revenues in the event of insured losses and boosting positive outcomes, microinsurance can significantly reduce the welfare costs related to uninsured risks. Over the years, the take up rate of microinsurance have been low and declining. The study seeks to shed light on the determinants of microinsurance demand in South Africa. 2024-07-05T12:57:09Z 2024-07-05T12:57:09Z 2024 2024-07-05T11:04:38Z Thesis / Dissertation Masters MCom http://hdl.handle.net/11427/40371 Eng application/pdf School of Economics Faculty of Commerce |
| spellingShingle | Economics Morekwa, Edger The Determinants of Microinsurance Demand in South Africa |
| thesis_degree_str | Master's |
| title | The Determinants of Microinsurance Demand in South Africa |
| title_full | The Determinants of Microinsurance Demand in South Africa |
| title_fullStr | The Determinants of Microinsurance Demand in South Africa |
| title_full_unstemmed | The Determinants of Microinsurance Demand in South Africa |
| title_short | The Determinants of Microinsurance Demand in South Africa |
| title_sort | determinants of microinsurance demand in south africa |
| topic | Economics |
| url | http://hdl.handle.net/11427/40371 |
| work_keys_str_mv | AT morekwaedger thedeterminantsofmicroinsurancedemandinsouthafrica AT morekwaedger determinantsofmicroinsurancedemandinsouthafrica |