Describes compulsory insurance products required by the organization.
Compulsory Insurance Products (PD1928)
- Reporting Format Text
- Metric Type Metric
- Metric Level Product/Service, Organization
- IRIS Metric Citation IRIS, 2021. Compulsory Insurance Products (PD1928). v5.2.
Footnote
Organizations should footnote the required insurance products for each product/service provided. See usage guidance for further information.
Usage Guidance
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This metric is intended to capture which compulsory insurance products the organization requires. Examples of compulsory insurance products to footnote include agricultural insurance, credit life insurance, and life and accident insurance, among others.
Impact Categories & Themes
Cross Category
Metrics identified as "cross-category" are those that are relevant to any IRIS+ Impact Category or Impact Theme (i.e., these metrics are not specific to any particular industry/category or theme).
SDG Goals & Targets
No Poverty
- SDG Target 1.5
- SDG Target 1.4
Decent Work and Economic Growth
- SDG Target 8.1
- SDG Target 8.2
- SDG Target 8.3
- SDG Target 8.10
Industry, Innovation and Infrastructure
- SDG Target 9.3
Reduced Inequality
- SDG Target 10.1
- SDG Target 10.2
- SDG Target 10.3
Metric History
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June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revision to usage guidance for clarity.
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January 2020 - IRIS v5.1 Released
No change.
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May 2019 - IRIS v5.0 Released
No change.
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March 2016 - IRIS v4.0 Released
Material change. Metric definition language and reporting format modified to maintain consistency with changes to IRIS structure.
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March 2014 - IRIS v3.0 Released
Immaterial change. Minor revision to definition language for clarity.
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November 2011 - IRIS v2.2 Released
No change.
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February 2011 - IRIS v2.1 Released
Material change. Compulsory Insurance Products (PD1928) replaced Loan Insurance - Compulsory Status (PD1928). Metric modified to increase specificity by limiting responses to compulsory insurance products.
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September 2010 - IRIS v2.0 Released
New metric. Loan Insurance - Compulsory Status (PD1928) was developed via the IRIS Taxonomy Development Group.