DETERMINANTS OF SELF EXCLUSION: A STUDY ON THE DETERRENTS OF INSURANCE ON LIFE OF SELF AND SIGNIFICANT OTHERS

Athena Joy

Volume : IV, Issue : IV, April - 2015

DETERMINANTS OF SELF EXCLUSION: A STUDY ON THE DETERRENTS OF INSURANCE ON LIFE OF SELF AND SIGNIFICANT OTHERS

Athena Joy

Abstract :

<p>&nbsp;The phenomenon of self exclusion wherein a prospective customer decides not to insure the life of self and others, in&nbsp;</p> <div>whom he/she has insurable interest, is widely prevalent. This study proposes to investigate into the phenomenon of self&nbsp;</div> <div>exclusion from insurance of life of self and others in whom potential buyers have insurable interest. The objective of the&nbsp;</div> <div>study is to discover the factors that dissuade the potential subscribers from availing of insurance cover on life. The study uses qualitative as well&nbsp;</div> <div>as secondary sources of data. The study finds that one of the reasons for self exclusion is the perception of investors that a rupee earned today is&nbsp;</div> <div>more profitable than the rupee earned tomorrow.</div>