The Securities and Exchange Commission of Pakistan (SECP) is organising a Business Policy Roundtable on Micro-insurance to highlight the importance of micro-insurance for low-income people, farmers, and small businesses. The roundtable, to be held at a local hotel on Tuesday (today), would discuss the ways to use micro-insurance as risk mitigating mechanisms to safeguard the small businesses and farmers from external shocks.
The introduction and awareness about micro-insurance facilities is become vital following the devastating floods of 2010 and 2011 that caused huge losses to small farmers. Moreover, the micro-insurance can also be an effective complement to existing social protection programmes of the government.-PR