In an effort to expand their market, insurers in El Salvador are weighing the possibility of following the example of their counterparts in Mexico who offer micro-policies that provide benefits of as much as US$8,000 for a one-dollar premium.
"This type of insurance is very interesting because it brings our industry's benefits to poor people who don't figure on company payrolls," said Raúl Betancourt, executive director of the Salvadoran Insurers' Association (Ases).
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