Author/Authors :
TANRIÖVEN, Cihan Gazi Üniversitesi, Turkey , GÜRBÜZER, Işıl Gazi Üniversitesi, Turkey
Abstract :
Today, poverty emerges as a global issue concerning all the countries in the world. As a result of the successful implementation of the microcredit system presented as a worldwide solution for poverty, microinsurance products and services have been implemented so as to secure the women, their families, and their businesses. Having been successfully implemented in many countries such as India, Bangladesh, the Philippines, Mexico, Brazil and South Africa, the implementation of microinsurance system started with the inclusion of 55.000 low income women using micro credits into the coverage of microinsurance via the co-operation of Turkish Foundation for Waste Reduction and Güneş Sigorta in December, 2011. In this study, information has been given about the purpose, importance, coverage of microinsurance under the structure of microfinancing playing an important role in the struggle against poverty; the way in which microinsurance applications worldwide are put into practice; and the way in which they are put into practice in Turkey. This study concludes that microinsurance system can be carried out successfully except for micro health insurance because of the general health policy coverage carried out in Turkey.
NaturalLanguageKeyword :
Poverty , Microfinance , Microcredit , Microinsurance
