Micro Insurance in Morocco - New Products in Microcredits

The Moroccan Life and Association "Inmaa" launch microcredit insurance product and will announce in the coming days. A first in the insurance industry and will focus on two products to start: death and disability insurance and personal accident insurance, at 2 Euro (per year per product, and should cover the beneficiaries of microloans, up then do not qualify for hedge risks. The marketing will be done through the network of Inma covering 9 regions with 31 agencies.

Morocco has experienced a breakthrough in microfinance, it lags behind the related insurance products. In countries like India and Bangladesh such products were introduced over many years.

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