This study reviews existing literature and ongoing studies on the value of insurance to poor clients. Its objective is to inform the direction of new research on the topic by the Microinsurance Learning and Knowledge (MILK) project. It observes that. there is insufficient evidence that microinsurance offers better value to the poor than traditional risk management strategies
The study indicates significant gaps in existing microinsurance literature.. It recommends that new research should:
The study concludes that it is in these knowledge gap areas that the MILK Project will focus its research, in an effort to provide greater clarity about the value of microinsurance to clients and their families.