What is a micro-insurance policy?

If a general or life insurance policy with a sum assured of Rs. 50000 or less, then it denotes which type of insurance category?
[A]Mortgage Insurance
[B]Micro Insurance
[C]Multi-Peril Insurance
[D]Nonadmitted Insurance

Micro Insurance
A micro-insurance policy is a general or life insurance policy with a sum assured of Rs. 50000 or less.

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