Australians’ Confidence about Personal Insurance

Driver, Tania, Brimble, Mark, Freudenberg, Brett, and Hunt, Katherine (2023) Australians’ Confidence about Personal Insurance. The Journal of Wealth Management, 25 (4). pp. 71-91.

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View at Publisher Website: https://doi.org/10.3905/jwm.2023.1.198
 
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Abstract

There is a growing personal responsibility for individuals to ensure their financial security, which can include the ability to cope with the uncertainty that can arise. Insurance can play an important role in allowing people to manage this uncertainty, including personal insurance such as life insurance, total and permanent disability, income protection, and trauma cover. Our understanding of personal insurance is particularly limited. This article reports a study into Australians’ confidence as it relates to personal insurance, and whether they consider their coverage is adequate. This understanding is important as confidence could influence the decision to purchase insurance.

Item ID: 77437
Item Type: Article (Research - C1)
ISSN: 2374-1368
Copyright Information: © 2023 Pageant Media Ltd.
Date Deposited: 14 Feb 2023 07:14
FoR Codes: 35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 3502 Banking, finance and investment > 350208 Investment and risk management @ 100%
SEO Codes: 11 COMMERCIAL SERVICES AND TOURISM > 1102 Financial services > 110299 Financial services not elsewhere classified @ 100%
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