International Journal of Business, Economics, and Social Development
Vol. 5 No. 2 (2024)

Factors Affecting the Uptake of Life Insurance in Botswana

Malambo, Maalila (Unknown)
Qutieshat, Abubaker (Unknown)



Article Info

Publish Date
12 May 2024

Abstract

The low uptake of life insurance is a matter of significant concern both within Africa and globally due to its aims to investigate the factors contributing to the poor adoption of life insurance products in Botswana. Through a survey conducted among 800 randomly selected individuals representing diverse genders in Botswana, with an 80% response rate, this study sheds light on the factors that hinder the uptake of insurance products in the country. The findings indicate that the low adoption of insurance products in Botswana can be attributed, at least in part, to various factors including low income, pervasive poverty, limited insurance awareness and education, and inadequate regulatory oversight.

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Journal Info

Abbrev

ijbesd

Publisher

Subject

Humanities Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Social Sciences

Description

International Journal of Business, Economics and Social Development (IJBESD) is published 4 (four) times a year and is the flagship journal of the Research Collaboration Community (RCC). It is the aim of IJBESD to present papers which cover the theory, practice, history or methodology of Business, ...