Microinsurance
Microinsurance enables disadvantaged segments of the population, often in rural areas, to benefit from simple, affordable insurance coverage.
Tools in the fight against social exclusion.
In 2009 BNP Paribas Cardif became an equity partner in PlaNet Guarantee, underlining a commitment to developing microinsurance around the world. Subsidiaries in India, Colombia and Peru are already active in this area.
Through its SBI Life subsidiary in India, BNP Paribas Cardif has offered pioneering microinsurance products for microentrepreneurs since 2007. Today nearly a million SBI Life customers benefit from this type of cover in India.
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