Access to pensions and insurance provide essential protection in combatting poverty, enabling households to mitigate risks, build resilience, and plan for the future. Examining the role of services like these and how they can contribute to positive financial health is essential. Without these safety nets, individuals will be exposed to financial shocks that can push them deeper into poverty, especially in the face of illness, accidents, natural disasters, or old age.
In line with AFI’s Phase IV Strategy to focus more on financial access outcomes like pensions and insurance, AFI is hosting this webinar to explore how these financial services can enhance economic resilience and social protection for vulnerable populations. The discussion will examine innovative approaches, including microinsurance and inclusive pension schemes, and highlight their potential to mitigate financial risks, promote long-term financial health, and support recovery from climate-related shocks.
Some key objectives of this webinar are as follows:
- Highlight best practices and innovations for inclusive pensions and insurance targeted at underserved populations;
- Facilitate knowledge-sharing between AFI members and experts on policy and regulatory approaches that promote accessible and sustainable pensions and insurance solutions;
- Overcoming barriers to financial inclusion, particularly in expanding pension and insurance coverage to underserved segments; and
- Examine the role of insurance in protecting climate-vulnerable communities and ensuring resilience in agriculture