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Behavioural economic perspectives in insurance purchase decisions

Mini Dissertation (MBA)--University of Pretoria, 2023

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Other Authors: Lew, Charlene
Format: Thesis
Language:English
Published: University of Pretoria 2024
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access_status_str Open Access
author2 Lew, Charlene
author_browse Lew, Charlene
author_facet Lew, Charlene
collection Thesis
dc_rights_str_mv © 2023 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2023
format Thesis
id oai:repository.up.ac.za:2263/95843
institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:39:21.733Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2024
publishDateRange 2024
publishDateSort 2024
publisher University of Pretoria
publisherStr University of Pretoria
record_format dspace
source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/95843 Behavioural economic perspectives in insurance purchase decisions Lew, Charlene Mosuoane, Khothatso UCTD Behavioural economics Financial insurance complexity Insurance decision making Qualitative research Mini Dissertation (MBA)--University of Pretoria, 2023 Choosing insurance coverage is a multifaceted and intricate process crucial for protecting individuals and businesses from unexpected risks. This research delved into how people in South Africa make these insurance coverage purchase decisions, particularly considering the uneven nature of coverage available. Using qualitative methods, the research thoroughly investigated the factors influencing insurance choices in the South African context. Examining behavioral economics and where and how consumers get their insurance information, the study uncovered how these elements interact in shaping insurance decisions in South Africa. The insights gained are valuable for insurance companies and policymakers, offering guidance on tailoring insurance products to better suit the diverse needs and preferences of the South African market. Furthermore, the research contributes to the broader understanding of decision-making in insurance, within an emerging market perspective in creating insurance products and regulations. Understanding how individuals in South Africa choose their insurance coverage is not just academically important but also holds practical implications for improving the accessibility and effectiveness of insurance products. This, in turn, promotes greater financial security and risk management within the country. pagibs2024 2024-05-08T06:04:29Z 2024-05-08T06:04:29Z 2024-04-17 2024-04-17 Mini Dissertation * A2024 http://hdl.handle.net/2263/95843 en © 2023 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Behavioural economics
Financial insurance complexity
Insurance decision making
Qualitative research
Behavioural economic perspectives in insurance purchase decisions
title Behavioural economic perspectives in insurance purchase decisions
title_full Behavioural economic perspectives in insurance purchase decisions
title_fullStr Behavioural economic perspectives in insurance purchase decisions
title_full_unstemmed Behavioural economic perspectives in insurance purchase decisions
title_short Behavioural economic perspectives in insurance purchase decisions
title_sort behavioural economic perspectives in insurance purchase decisions
topic UCTD
Behavioural economics
Financial insurance complexity
Insurance decision making
Qualitative research
url http://hdl.handle.net/2263/95843