microinsurance

It's taken 40 years of experimentation, but in the Philippines, a unique business model has found a way to sell life insurance hand over fist to poor people.

A new study of farmers in northern Ghana found that given a choice between quick cash or index insurance coverage, they'll often opt for protection from risk.

Hospitalization can save a life--at the cost, sometimes, of throwing it permanently off track. Two very different countries, India and the United States, recently chose a similar solution: subsidized insurance.