Comments on: How microinsurance fights AIDS A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 By: tuckerm Wed, 06 Jun 2012 15:27:36 +0000 It’s important to note that South Africa is a particularly good test bed for micro-life insurance because one of the major cultural expenses in any individual’s life is holding the funeral for immediate family members. In “Portfolios of the Poor” the authors point out that many informal savings mechanisms in South Africa are burial societies to share the risk of a family death among a larger group.