Estimation of life insurance demand function in Iran

Authors

شاهرود، دانشگاه شاهرود، دانشکده صنایع و مدیریت، گروه اقتصاد و مدیریت، دکتر علی دهقانی

Abstract

Insurance enumerate as a requirement for economy development and life insurance as an economic indicators in advanced societies and developing community reckon the most important field in insurance industry that its necessity that countries search more on this field. The main goal of this research is estimation of life insurance demand function in Iran during (65-92). Disposable income, life expectancy, financial development, anticipated inflation, interest rate, level of education and the risk of death of head of the family are some factors that considered for life insurance demand. For estimation OLS method has been used and according to results, there is a positive and meaningful connection between life insurance demand and disposable income and financial development, its found negative connection between life insurance demand and interest rate and life expectancy and anticipated inflation.

Keywords