TY  - JOUR
T1  - National Flood Insurance: Funding Model for Citizens at Lower Strata of Economic
AU - Rom, Noor Ashikin Mohd AU - Hassan, Nurbani Md AU - Rahman, Zuriah Ab 
JO  - The Social Sciences
VL  - 11
IS  - 30
SP  - 7319
EP  - 7324
PY  - 2016
DA  - 2001/08/19
SN  - 1818-5800
DO  - sscience.2016.7319.7324
UR  - https://makhillpublications.co/view-article.php?doi=sscience.2016.7319.7324
KW  - Funding model
KW  -flood
KW  -insurance
KW  -takaful
KW  -protection
AB  - Most of the affected flood households do not have insurance protection to cover their economic
losses and face difficulties in rebuilding their life aftermaths. The objective of this study is to investigate the
viability to develop the national insurance as part of risk reduction strategies. Next objective is to examine the
participation of low income and poor in the national flood insurance from the provider’s views. Findings
indicates that the national insurance is viable to be developed by the insurers and takaful operators however,
government involvement is highly needed. National flood insurance backed by the government should be
implemented to redevelop the life of citizen who directly impacted by the flood. Subsequently, funding model
was developed to enable the people at the lower strata of economy participate in national insurance for their
protection.
ER  -