Mitigating the effects of fire outbreaks on the socio-economic lives of women in the Kumasi Metropolis of Ghana: the role of microinsurance institutions.
Journal Title: IOSR Journal of Humanities and Social Science - Year 2018, Vol 23, Issue 2
Abstract
The studyexamined the extent to which market women demand microinsurance and also assesses the extent to which microinsurance institutions are mitigating the effects of fire outbreaks on the socio-economic lives of women in the Kumasi Metropolis of Ghana. The study used both qualitative and quantitative analysis on the data gathered. The results showed 99% of the Market women did not take up microinsurance while 1% took microinsurance. The study further revealed that difficulty in accessing claims has been one of the major reason market women do not access microinsurance. Again, contrary to popular opinion about the informal section savings, this study showed, the informal sector particularly market women save to revamp their businesses in case of market fires. The study recommended that, microinsurance institutions need to use public education and moral suasion to boost patronage. At the same time, government must introduce legislation to encourage the informal sector to buy microinsurance.
Authors and Affiliations
Doris Ohene Ntim
Keywords
Related Articles
- EP ID EP417256
- DOI 10.9790/0837-2302104852.
- Views 116
- Downloads 0
The Theme Of A Mother’s Love In An Arabic And Indonesian Short Story
This Article Analyses The Comparative Of Arabic And Indonesian Short Stories. The Research Methodology Used In This Article Is A Qualitative Method With Descriptive Analytic Descriptions. This Research Is A Comparative P...
The Recommendation of Applying the Profit Sharing Scheme in Mudharabah Outlaying At Syariah Bank in Indonesia
This research aimed for determining the profit sharing scheme which can be applied to mudharabah financing in Islamic banks with kinds of mudharabah fund implementation issues are moral hazard and adverse selection. Ther...
Problems Faced By The Students And Teachers In Learning And Teaching Mathematics In Schools: A Study On Class X Students And Teachers Of Nazira Sub-Division Of Sibsagar District Of Assam
Today’s world largely depends on science and science in turn depends on mathematics. Modern math consisting of arithmetic, algebra and geometry has an important role in the field of education. Mathematics has a vital rol...
The Impact of Standard Arabic Verb Phrase Structure on Moroccan EFL Learners’ Writing
The study investigated English verb phrases‟ (VPs) structural errors in the writings of Moroccan university students. It is believed that Arabic learners‟ syntactic problems in English VPs affect their writing proficienc...
Code Mixing and Code Switching in the Classroom Interaction at SMA Negeri 2 Takalar
The aims of this research are to describe the forms of code mixing and code switching in the classroom interaction used by the English teachers in SMA Negeri 2 Takalar.This research used qualitative design, this method u...