Vulnerability Of Micro Insurance Penetration Of Malappuram District In Kerala State.

Abstract

India is the fastest growing developing economy in the world. The density of the population is very high, especially in the rural population. Vulnerable means there is a range of risks and crises that are directly affecting the sources of income and productive assets of these segments.  The study majorly aimed at identifying risks of penetration and access to vulnerability of micro-insurance products in rural households in Malappuram district, Kerala. Sources of getting information for survey methods for 50 self-help groups. Each group has an average of 4 members. The total number of members who responded is 200.

In spite of studies identifying the multifariousness of risks and crises which shows that there is clear demand for providing rural households for insurance services which help them better manage the risk, both Ex-post and Ex-ante use the historical returns to predict the risk associated with an investment in the future and also refers to future events based on forecasts, such as the potential yield in micro insurance products.

The main aim of presenting paper is to find out how causes the Vulnerability of micro insurance penetration in uncovered area. However, a number of statistical techniques such as ANOVA and Friedman’s test, Descriptive statistics for finding the vulnerability.