Volume : VIII, Issue : III, March - 2019

FACTORS INFLUENCING INSURANCE CONSUMPTION - A LITERATURE REVIEW

Dr. Sudha Vepa, Dr. G. Parvathi

Abstract :

Insurance is social in nature as it represents the cooperation of various individuals for mutual benefits to reduce the consequences of similar risks. After opening up for private players in 1999, Insurance sector in India has been growing continuously. In most of the empirical studies, the amount of life insurance purchased is viewed as a function of numerous variables. These variables, explored through a variety of different approaches and data, explained the significant factors that influence the life insurance purchase decision. This paper chronicles the research done on the factors influencing the consumption of insurance. This paper provides a rich source of information to Insurance providers, seekers, researchers, and regulatory authorities.

Article: Download PDF    DOI : https://www.doi.org/10.36106/paripex  

Cite This Article:

FACTORS INFLUENCING INSURANCE CONSUMPTION - A LITERATURE REVIEW, Dr. Sudha Vepa, Dr. G.Parvathi PARIPEX - INDIAN JOURNAL OF RESEARCH : Volume-8 | Issue-3 | March-2019

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