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Does difference in secondary and tertiary literacy influence life insurance consumption in the selected ASEAN countries?


Lee, Hui Shan and Low, Kevin Lock Teng and Chong, Shyue Chuan and Sia, Bik Kai (2016) Does difference in secondary and tertiary literacy influence life insurance consumption in the selected ASEAN countries? In: Knowledge Management International Conference (KMICe) 2016, 29 – 30 August 2016, Chiang Mai, Thailand.

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Abstract

Life insurance as financial tool has played essential roles to both individual and economy with the functions of promoting long term saving, reinvestment of funds, risk management, development of capital markets support on economic growth.The determinants of life insurance consumption in the perspective of economics and demographic are to be examined in the ASEAN context.The study on the difference of secondary and tertiary education towards demand for life insurance is investigated to highlight the importance of introducing insurance knowledge in the education syllabus to improve future economics with better income and social return with the support of life insurance in the market.This will ensure a well risk management among individuals, firms and countries as a whole and it align with the AEC blueprint with the purpose to rise up the living of the community.

Item Type: Conference or Workshop Item (Paper)
Additional Information: ISBN: 978-967-0910-19-2 Organized by: College of Arts and Sciences, Universiti Utara Malaysia
Uncontrolled Keywords: life insurance, income, youth dependency, tertiary education.
Subjects: H Social Sciences > HG Finance
Divisions: School of Computing
Depositing User: Mrs. Norazmilah Yaakub
Date Deposited: 30 Nov 2016 08:22
Last Modified: 30 Nov 2016 08:22
URI: http://repo.uum.edu.my/id/eprint/20127

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