scholarly journals OPTIMAL CONSUMPTION, PORTFOLIO, AND LIFE INSURANCE WITH BORROWING CONSTRAINT AND RISK AVERSION CHANGE

2016 ◽  
Vol 29 (2) ◽  
pp. 375-383
Author(s):  
Ho-Seok Lee
Keyword(s):  
Risk Aversion ◽  
Life Insurance ◽  
Optimal Consumption ◽  
Borrowing Constraint

Uncertain lifetime, risk aversion and life insurance

1985 ◽  
Vol 1985 (2) ◽  
pp. 109-123 ◽  
Author(s):  
Edi Karni ◽  
Itzhak Zilcha
Keyword(s):  
Risk Aversion ◽  
Life Insurance ◽  
Lifetime Risk

Optimal consumption, investment and life insurance with surrender option guarantee

2013 ◽  
Vol 2015 (1) ◽  
pp. 59-87 ◽  
Author(s):  
Morten Tolver Kronborg ◽  
Mogens Steffensen
Keyword(s):  
Life Insurance ◽  
Optimal Consumption

Investigating the Factors of Consumers’ Purchase Intention Towards Life Insurance in Bangladesh: An Application of the Theory of Reasoned Action

2020 ◽  
Vol 25 (2) ◽  
Author(s):  
Marzia Nomi ◽  
Md. Mahiuddin Sabbir
Keyword(s):  
Risk Aversion ◽  
Life Insurance ◽  
Financial Literacy ◽  
Purchase Intention ◽  
Theory Of Reasoned Action ◽  
Reasoned Action ◽  
Negative Impact ◽  
Positive Impact ◽  
Subjective Norms ◽  
Consumer Purchase Intention

This study aims to examine the factors that influence consumer purchase intention towards life insurance. The study included religiosity, risk aversion motives, saving motives, and financial literacy with classical Theory of Reasoned Action (TRA), therefore extending the model. A convenience sampling method was employed to collect data from 315 respondents working in different public and private institutions in Bangladesh. Collected data were analysed using the structural equation model (SEM). The results revealed that attitude, subjective norms, risk aversion motives, saving motives, and financial literacy have a significant positive impact on consumer purchase intention towards life insurance. Moreover, religiosity was found to have a negative impact on purchase intention. In addition, saving motives was found as a mediator in the relationship between risk aversion motives and purchase intention, as well as between financial literacy and purchase intention. Since attitude and subjective norms were found to have the most effect on purchase intention, the study implicated that marketers should emphasise company image, reputation, and the credibility of the agents, together with the significant others to whom we often turn to before making any financial decision. Finally, the study offered directions for further research after divulging several limitations.

Risk Aversion in the Theory of Life Insurance: The Fisherian Model

1986 ◽  
Vol 53 (4) ◽  
pp. 606 ◽  
Author(s):  
Edi Karni ◽  
Itzhak Zilcha
Keyword(s):  
Risk Aversion ◽  
Life Insurance
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