Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Consider the following insurance product description: Political violence is a significant risk in many countries; endangering people's lives, homes and livelihoods. MicroEnsure's political violence insurance

Consider the following insurance product description: "Political violence is a significant risk in many countries; endangering people's lives, homes and livelihoods. MicroEnsure's political violence insurance covers the outstanding balance of a borrower's loan in the event that the customer's business is destroyed as a result of political violence or riots."This product is most similar to:

a.Grameen Group Loans

b.Grameen Fisheries my original answer

c.Grameen Credit Life

d.Grameen Pension Scheme

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Markets and Institutions

Authors: Jeff Madura

11th Edition

1133947875, 9781305143005, 1305143000, 978-1133947875

More Books

Students also viewed these Finance questions

Question

discuss the models practical implications for job (re)design.

Answered: 1 week ago

Question

Why is franchising important in todays economy? Appendix

Answered: 1 week ago