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The development of life insurance is socially and financially the most important type of insurance for every country, because of the long-term coverage of the risks and savings components of this type of insurance. There are many research papers about the influence of determinants on the development of life insurance. In this paper we have done research on data related to life insurance offerings in the Republic of Serbia and the Republic of Macedonia. The research is comparative for the same determinants in each country context and their respective influences on life insurance.

Structural analysis of life insurance: A comparative study between the Republic of Macedonia and Republic of Serbia