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A geography of insurance exclusion: perceptions of unemployment risk and actuarial risk assessment
Author(s) -
Cebulla Andreas
Publication year - 1999
Publication title -
area
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.958
H-Index - 82
eISSN - 1475-4762
pISSN - 0004-0894
DOI - 10.1111/j.1475-4762.1999.tb00177.x
Subject(s) - unemployment , actuarial science , welfare , income protection insurance , insurance policy , economics , business , demographic economics , public economics , general insurance , economic growth , market economy
Summary Proposed welfare reform in Great Britain advocates joint public and private provision of insurance. Using omnibus survey data, this paper projects the availability and geographical coverage of private unemployment insurance in Britain among currently employed persons, on the basis of actuarial risk assessment criteria. It compares actuarial risk assessments with the respondents' subjective job risk assessments and their declared intention to take out private unemployment insurance. The paper identifies the extent and geography of structural/self‐exclusion from insurance.