You have no items in your shopping cart.
ABSTRACTThis study examines the determinants of life insurance policy in Nigeria. The analysis involves the use of two general known method namely; statistical and econometric methods in the view of providing a rich background for the investigation. The statistical method involves the use of descriptive statistics as well as correlation analysis to examine the initial characterization and degree of relationship among the variables of interest; while the econometric analysis involves the use of regression technique to investigate the determinants of life insurance policy in Nigerian. It was observed that GDP per capita is the most important factor that influence demand for life insurance. Similar to the hypothesis, the regression showed positive and strongly statistically significant relationship between life insurance demand and dependence ratio within the course of the study. We recommend among others; that government should have to give much emphasis for increasing GDP per capita through more investment; more exports and decreasing unemployment rate of the country so that the per capita GDP will be increased.
