Pacific Financial Inclusion Programme(PFIP)

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Microinsurance Support to LICI Fiji's MicroLife - PFIP is providing support to Life Insurance Corporation of India (LICI) Fiji to help launch its first microinsurance product called MicroLife and reach 5,000 clients by the end of 2011. MicroLife is an endowment product, providing death, funeral, and accident benefits over five to ten year terms. There is a lot of w... More info

Microinsurance Host of Microinsurance Learning Event - PFIP hosted a one day learning events on microinsurance during the Pacific Microfinance Week, 2009. The workshop was attended by international experts and representatives of banks, insurance companies, microfinance institutions, credit unions, donor agencies and others to learn about microinsurance and design sample microinsu... More info

Microinsurance Host of Informal Information Exchange on Microinsurance - The PFIP and INFUSE teams are committed to doing information exchanges in six countries annually on key topics such as microinsurance. These exchanges begin with a short presentation on a topic of interest followed by some informal discussion on this topic as well as the promotion of financial inclusion in general with counte... More info

Microinsurance Raising Awareness of Microinsurance - PFIP has developed an informative ten-minute video on how microinsurance might be applied in the Pacific. This video is a key tool to raise awareness of value of microinsurance at among potential stakeholders. The video is followed with a short presentation geared specifically to the audience, and a general discussion t... More info

"We have a great relationship with the Pacific Financial Inclusion Programme and we support its objectives to create greater financial inclusion of rural and low income earners.

We partnered with the United Nations Development Programme to launch a mobile rural banking service in rural Fiji as a pilot project in October 2004. ANZ's services were complemented by the UNDP's financial literacy programme.

This partnership to bank the unbanked shows what we can achieve by pooling our respective strengths to deliver viable and innovative banking services to the large number of people living in rural communities who do not have access to banking services.

The PFIP is playing a strong role in the region in facilitating discussions about greater financial inclusion across the Pacific. We share a common goal to ensure our communities in the Pacific develop greater confidence, skills and knowledge about money, saving and budgeting."

- Michael Rowland - CEO Pacific, ANZ Bank