The financial and social impact of insurance is particularly far-reaching for the underprivileged and the unbanked who lack other sources of financial protection. 90% of Tigo Insurance customers live on less than GHS 1000 per month, and almost 60% of them do not have a bank account. For low-income families or people who work in the informal sector and therefore have no employment protection, funeral costs or hospitalization could throw them into extreme poverty. “When I lost the use of my leg, my inability to work put me in financial stress. The GHS 1,800 payout from Tigo Insurance allowed me to pay my hospital bills and cover my family needs during a difficult time” said Mr. George Manyo, one of Tigo Insurance’s customers.