This focus note presents the highlights of the 2012 Tanzania Access to Insurance Diagnostic – a joint project between Tanzania Insurance Regulatory Authority (TIRA), Financial Sector Deepening Trust (FSDT) Tanzania and FinMark Trust, and applying the methodology of the Access to Insurance Initiative.
Microinsurance can be defined as insurance accessed by the low income market. In Tanzania, this is a very broad concept, as the bulk of the population is low-income and currently unserved by insurance. Microinsurance is therefore about expanding the reach of the insurance sector beyond its current client base into the mass market. As such, it is a mainstream, not a marginal topic.
