Determinants of Life Insurance Consumption in India (Area to be Determined Till Now)
Journal Title: JOURNAL OF COMMERCE AND TRADE - Year 2007, Vol 2, Issue 1
Abstract
Innumerable economic, demographic, socio cultural, political and other factors determine each economy’s consumption of life insurance. The Economic Environment consisting of foreign investmentclimate, price, inflation and interest rates income, saving and investment parameters may increase or decrease the overall demand of insurance. Similarly demographic environment consisting of education level, household structure, industrialization and urbanization, social environment,political environment of the nation also has a profound impact on the insurance consumption. In the present paper an attempt has been made to assess the impact on life insurance consumption in the light of trend of these factors. Indian insurance industry has good regulatory environment, political stability, changing demographic profile, good economic conditions in its favour.
Authors and Affiliations
Sonia Chawala, Fulbag Singh
Keywords
Related Articles
- EP ID EP252497
- DOI -
- Views 77
- Downloads 0
Indian and Central Asian Trade Routes and Communication (From Ancient to the Pre Colonial Period)
The intensive trade relations between the Far-East and the West and beyond up to the eastern provinces of the Roman Empire, via the overland trade route known as the ‘Silk Road’, the economy of Central Asia linked up wit...
A New Approach In Competency Mapping (How Effectively the Personal Deployment Possible)
The complexities involved in the evolution of an innovative business practice, care must be taken for the competency required for the same in terms of organisation, process & people. Performance of people involved in any...
A Study of Working Capital Management in SSI—A Conceptual Framework
The role played by small business in the economic activity of Indian history since practically the beginning of the recorded time is significant. Small scale industries are the backbone of our industrial structure as the...
The Study of Reservations and Concerns in Application of 360° Feedback System
The main aim of the study is to analyze the effectiveness of 360-degree performance appraisal feedback system in Anand Publications and Nageen Publications. Performance evaluation techniques are often driven by a desire...
Prospects of Training & Development in Tourism Sector (The Current Scenario)
Tourism is the world’s largest and fastest growing industry. It is also the biggest in terms of employment. Commonly associated with ‘fun’, tourism is a major industry in its own right. It is probably unmatched in terms...