Premium
An Exploration of Factors Relating to Non‐Group Life Insurance Holdings of Families
Author(s) -
GEISTFELD LOREN V.
Publication year - 1976
Publication title -
journal of consumer affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.582
H-Index - 62
eISSN - 1745-6606
pISSN - 0022-0078
DOI - 10.1111/j.1745-6606.1976.tb00585.x
Subject(s) - group (periodic table) , life insurance , actuarial science , business , chemistry , organic chemistry
Analyses of the demand for life insurance have seldom included any explanatory factors which measure a family's perceived need for postdeath financial resources. The study reported here includes these types of socio‐economic variables with the findings indicating that the nearer to the present a perceived need is, the more likely it is to have an effect on a family's holdings of individually purchased life insurance.