Tag Archives: prepaid insurance

When would you buy life insurance for a week? New products for the informal market

By | January 11, 2016

A South African company has figured out the back-end technology required to provide easily accessible prepaid or pay-as-you-go insurance products that can be serviced via your smartphone. Their solutions are designed for the unbanked, informal trader, typically living on an average household income of US$8 a day. At first glance, I wondered who on earth… Read More »