International Journal of Small and Medium Enterprises and Business Sustainability
Vol. 5 No. 3 (2020): November

Attitude to Behavior of Buying Life Insurance in Viet Nam

Thi Huong Mai (University of Labor and Social Affairs Hanoi, Vietnam)
Bich Hong Hoang (University of Labor and Social Affairs Hanoi, Vietnam)



Article Info

Publish Date
25 Jun 2024

Abstract

Life insurance is a civilized foundation of a country. The value of insurance products is becoming more and more useful over time and is the basis for a comprehensive social security ensuring. However, despite the values and benefits of these products, people's attitudes towards life insurance are still disinterested. This study aims to quantify people's attitudes towards life insurance in Hanoi market with 471 sample surveys. Through analyzing the effects of 3 variables which are risk attitude, benefits perception and risks perception to measure attitudes towards the buying life insurance. This research will be useful for improving the way Hanoi people in particular and Vietnamese people in general adopt a positive attitude to life insurance, thereby promoting the intention and behavior to buy products.

Copyrights © 2020






Journal Info

Abbrev

ijsmebs

Publisher

Subject

Economics, Econometrics & Finance

Description

Welcome to the International Journal of Small and Medium Enterprises and Business Sustainability published by the Publishing Lembaga Penerbit Fakultas Ekonomi dan Bisnis (LPFEB) Universitas Trisakti. As its primary objective, this double-blind review and online scientific journal is dedicated to ...