Assessing the determinants of microinsurance demand: The case of De La Salle University campus services and facilities' personnel
Date of Publication
2014
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Management of Financial Institutions
College
Ramon V. Del Rosario College of Business
Department/Unit
Financial Management
Thesis Adviser
Lawrence T. Co
Defense Panel Chair
Neriza M. Delfino
Defense Panel Member
Kenneth L. Yumang
Mar Andriel S. Umali
Abstract/Summary
The objective of this study is to identify and evaluate socio-economic determinants of microinsurance demand in De La Salle University Manila campus services and facilities' personnel. It also aims to provide insights regarding the human behavior in terms of economic capacity, life cycle and product awareness of the respondents which affect their demand for microinsurance. For this study a sample of 125 De La Salle University campus services and facilities' personnel was collected through personally administered questionnaires in the campus. Interviewees have no or limited knowledge of microinsurance. Based on the data gathered in the study, factors influencing the demand for microinsurance are determined through econometric analysis. The result of this thesis was based on marginal effects probit regression analysis, support earlier studies that the person's relative economic capacity has a positive relationship with the microinsurance demand. However, the respondents' product awareness and financial literacy revealed a negative relationship to demand. The life-cycle does not have an effect to microinsurance demand as it was an insignificant variable.
Abstract Format
html
Language
English
Format
Accession Number
TU17172
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
100 leaves : illustrations ; 28 cm.
Keywords
Microinsurance; De La Salle University (Manila)
Recommended Citation
Bernardo, M. A., Espino, S. B., & Viril, F. M. (2014). Assessing the determinants of microinsurance demand: The case of De La Salle University campus services and facilities' personnel. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/8368