Insure Lives and Livelihoods Program implemented to complment the livelihood initiatives of Tsunami response Program. The twin objectives of the program is to lower the entry barriers that prevents the low income households to access risk coping and managing mechanisms and promoting micro insurance as an effective risk reduction strategy to manage the life threatening risks for low income households.
The program will help 75,000 low income households to access risk reduction mechanisms through micro insurance products besides developing capacities at local level to increase the micro insurance outreach through sensitization and piloting innovations.
Micro insurance product design, delivery and outreach processes will bundled together and customized by identifying vulnerabilities and analyzing the coping strategies adopted by vulnerable communities. Large amounts of data and analysis will be generated from the baseline study commissioned at partner/district level. Products will be specifically aimed at three sectors; fisheries, plantations and agriculture/horticulture.