Impact Of Micro Insurance Among Self-Help Group Members In Kerala

Abstract

The impact of microinsurance among Self-Help Group (SHG) members can be significant and multifarious. Micro Insurance is in the service of a financial safety net, providing protection against various risks and uncertainties. Microinsurance varies based on the specific design of the insurance products like the level of community engagement, and the overall socio-economic context of the SHG members. It contributes to building resilience, reducing vulnerability, and promoting sustainable development within Self-Help Groups and their communities. In-depth studies show how micro insurance creates an impact among the self-help group members in Kerala. Sources of getting information for survey methods among 50 self-help groups. Each group has an average of 4 members. The total number of members who responded is 200. The main aim of presenting paper is to find out how do spreading the microinsurance among self-help groups in uncovered area. However, a number of statistical techniques such as Reliability Statistics for finding the impact of Micro-insurance