Influence of Pandemic-Induced Risk Awareness on Life Insurance Preferences

Title

Influence of Pandemic-Induced Risk Awareness on Life Insurance Preferences

Creator

Shivaprasad, G.; Ravindra Babu, S.

Description

The COVID-19 Pandemic has created significant challenges and adjustments in several areas, including life and health insurance policies. By reviewing investors' views on life insurance as a possible investment route and studying the development of health and life insurance policies after COVID-19, this study aims to investigate the complicated elements of these changes. By means of a thorough examination of current patterns, beliefs, and obstacles within the life insurance domain, this study aims to explain the intricate relationship among outside factors, industry modifications, and personal perspectives. The study starts with a thorough analysis of the literature, which offers a theoretical framework for comprehending the ideas of life insurance, and how the COVID-19 pandemic has affected the insurance market. The latest developments in the life insurance industry since the pandemic's start are then examined using empirical research techniques, such as surveys and data analysis. This section tries to clarify the major changes in policies and practices through an examination of industry reports, changes in regulations, and market dynamics. The research looks at perceptions and trends as well as the difficulties investors have when choosing life insurance policies. It looks for typical obstacles, worries, and myths that prevent people from using life insurance products through a mix of qualitative and quantitative analysis. By comprehending these difficulties, the study hopes to shed light on possible approaches for getting over obstacles and boosting investor confidence in life insurance as a sound financial choice. Overall, by providing a thorough examination of the development of health and life insurance policies following COVID-19 and the perspectives on life insurance as an investment source, this study adds to the body of knowledge subsequently in existence. It offers insightful information to policymakers, industry players, and individual investors alike by addressing the goals of examining current trends, looking into investor views, and comprehending the difficulties experienced by investors. 2026 selection and editorial matter, Dr. Harold Andrew Patrick and Dr. Ravichandran Krishnamoorthy; individual chapters, the contributors.

Source

Applied Research for Growth, Innovation and Sustainable Impact;pp.400-405

Date

01-01-2025

Publisher

Taylor and Francis

Subject

Challenge; COVID-19; Health insurance; Investment; Investor perception; Life insurance; Policy evolution

Coverage

Shivaprasad G., Faculty of Management Studies, CMS Business School JAIN (Deemed-to-be University), Bangalore, India; Ravindra Babu S., School of Business and Management (SBM), CHRIST University, Bangalore, India

Rights

Restricted Access; Hardcopy may be available in the library

Relation

ISBN: 978-104075308-8; 978-104116441-8;

Format

online

Language

English

Type

Book chapter

Identifier

https://doi.org/10.1201/9781003684657-66

https://www.scopus.com/pages/publications/105032939152?origin=resultslist