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Group-Based Funeral Insurance in Ethiopia and Tanzania.

Abstract:

A funeral is a costly occasion. This paper studies indigenous insurance institutions developed to cope with the high costs of funerals, based on evidence from rural areas in Tanzania and Ethiopia. These institutions were found to be highly prevalent in the study areas. They are based on well-defined rules and regulations, often offering premium-based insurance for funeral expenses. Increasingly, they are also offering other forms of insurance and credit to cope with hardship. The paper argues...

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Journal:
World Development More from this journal
Volume:
34
Publication date:
2006-01-01
Language:
English
UUID:
uuid:0cfe35a8-7838-43b0-995c-f29e07ee6425
Local pid:
oai:economics.ouls.ox.ac.uk:11509
Deposit date:
2011-08-16

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