Document Type : Original Research Paper
Authors
1 Department of Insurance, Allameh Tabatabai University, Tehran, Iran
2 , Department of Economic Sciences, Faculty of Economics, University of Tehran, Iran
Abstract
Life insurance plays an important role in the economy of these countries due to its wide expansion in the world, especially in developed countries. Despite the many functions and importance of life insurance, this industry in Iran, like most developing countries, remains unknown and its role in the country's economy and the lives of families is insignificant. In the current research, the factors that are effective in the expansion of life insurance in the country have been investigated. This research was conducted in the field and its statistical population is the whole country. In this regard, a sample has been randomly selected from several available clusters.
Based on the collected information and using multiple category analysis, the results indicate that the belief that a person will suffer from an acute illness until the age of 65 has the greatest effect on the demand for life insurance. A person's age is the second most influential factor. Other influencing variables, in order of influence, include belief in inheritance for children, insurance policy price, observance of religious and religious principles, membership in a pension fund, and finally employment of spouse.
Keywords
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