ROLE OF MICROINSURANCE IN THE BANKURA DISTRICT OF WEST BENGAL DURING 2010-12 : AN EMPIRICAL STUDY
Financial inclusion has come to be regarded as an important and inevitable milestone in achieving inclusive growth. Microinsurance is an important tool of financial inclusion. In West Bengal microinsurance is a nascent intervention, and this study examines the provision, availability and impact of microinsurance in the Bankura district of rural West Bengal. A mix of qualitative and quantitative methods such as household surveying, direct observation and key-informant interviews, were employed for data collection. Keeping this in mind, the present study has been undertaken to examine the need for microinsurance products among the rural people in Bankura. The primary data has been collected from respondents of villages of this district. The main objective of the study is to estimate the demand for different microinsurance products.