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Microinsurance

International Efforts Providing Insurance to Underdeveloped Countries

By Lisa Floreancig

The total human population today is somewhere around 6.5 billion, with nearly 62 percent living on less than $2 a day. Of those four billion people who make less than $1,000 a year, fewer than 10 million currently have access to property/casualty, life, and health insurance.


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