On the Types and Outcomes of Life Insurance Appeals: A Logistic Regression Analysis

• Main Authors: Wei-chi Peng, 彭偉齊
• Other Authors: Fang-shu Chan
• Format: Others
• Language: zh-TW
• Published: 2012
• Online Access: http://ndltd.ncl.edu.tw/handle/52946510776512376864

碩士 === 東吳大學 === 財務工程與精算數學系 === 100 === The asymmetric information problems between the insured and the insurer result in life insurance appeals. Most of past literatures focus on the causes of insurance appeals, but the rare focus on the results of appeals. In this study, we use the logistic regression model to analyze the relation between the policy’s contents and types of appeals as well as the relation between the types of appeals and the outcomes of appeals. Through a private data of appeals from a leading insurance company in Taiwan, we find that the relation between the types of appeals and the outcomes of appeals is insignificant, but the policy’s age, premium paying methods, type of insurance, and the insured’s age influence the outcomes of appeals significantly.