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Social Insurance

Social insurance programs mitigate risks by providing income support in the event of illness, disability, work injury, maternity, unemployment, old age, and death. Key sectors that may serve as entry points for strengthening sustainable social insurance schemes include financial sector development, health, and public sector management.

Social insurance programs may include:

  • Pensions, social security systems, provident funds
  • Health insurance
  • Micro-insurance, small-farmer agricultural insurance, weather index-based crop insurance
  • Unemployment insurance