The Insurance Literacy and its Measurement: Some Theoretical Issues

Sokolovska, Olena (2025): The Insurance Literacy and its Measurement: Some Theoretical Issues.

Abstract

This study provides an overview of main academic research on insurance literacy. We identify main challenges of quantitative measurement of financial or insurance literacy of the population. We made an attempt was made to identify the set of factors that determine the level of insurance coverage (with accident and health insurance as an example), which can be used to predict the level of insurance literacy.

• Item Type: MPRA Paper
• Language: English
• Keywords: financial literacy, insurance literacy, accident and health insurance
• Subjects: G - Financial Economics > G2 - Financial Institutions and Services > G20 - General; G - Financial Economics > G2 - Financial Institutions and Services > G22 - Insurance ; Insurance Companies ; Actuarial Studies

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