What is it about?
The paper analyzes significant determinants to assess the probability of insureds’ intent to buy (ITB) insurance and willingness to pay (WTP) quantum of dollars for security benefits.
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Why is it important?
The study findings will enable the insurers to appropriately design the insurance products that matches the insurers’ behavior of intent to buy and willingness to pay for social security benefits.
Perspectives
The study findings have the potential for insurance institutions to be more flexible in their insurance practices through Public-Private partnerships.
Dr Ananth Rao
University of Dubai
Read the Original
This page is a summary of: System and neural network analysis of intent to buy and willingness to pay insurance premium, Managerial Finance, December 2018, Emerald,
DOI: 10.1108/mf-04-2018-0156.
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