Centro de Documentacion de Fundación MAPFRE - From participation to repurchase : low income households and micro-insurance

MAP20200028987

From participation to repurchase : low income households and micro-insurance / Renuka Sane, Susan Thomas

Sumario: The article asks what drives the time to repurchase for life and accident insurance contracts in low income households. We use data on customers of a financial services provider from three states in India and find that the probability of repurchase is highest in the first 2 months after the contract expires, and steadily declines after. This suggests a window of opportunity for financial firms and governments to target customers to ensure continuous insurance purchase. Nonmembership of microfinance groups and poor rainfall in the month of expiry affect the time to repurchase adversely. Customers who take longer to repurchase tend to increase the amount of insurance cover

En: The Journal of risk and insurance. - Nueva York : The American Risk and Insurance Association, 1964- = ISSN 0022-4367. - 01/09/2020 Volumen 87 Número 3 - septiembre 2020 , p. 783-814

1. Microseguros . 2. Contrato de seguro . 3. Seguro de vida . 4. Seguro multirriesgo del hogar . 5. Coberturas . 6. India . I. Thomas, Susan . II. Título.