Something accessible to those earning less than $2 a day.

AP examines micro-insurance in Africa The Associated Press examines the growth of micro-insurance in Africa, ‘something accessible to those earning less than $2 a day, who pay tiny weekly premiums of sometimes significantly less than a cent.’ ‘The policies usually cover all conditions – including pre-existing illnesses like HIV/AIDS and maternity costs – and are written in language that is easy to understand,’ the news provider writes. ‘Activists state it can benefit pay for health care for some of the billions of people in the developing world who cannot afford it read more .’ According to an International Labor Organization research, about 14 million Africans use micro-insurance and there’s been an 80 % increase in the number of African policy holders over the last five years.