IDEAS home Printed from https://ideas.repec.org/a/bas/econth/y2014i4p95-114.html
   My bibliography  Save this article

Insurance culture of young people in Bulgaria

Author

Listed:
  • Alexander Aldev
  • Mihaela Mihaleva
  • Evgeny Evgeniev

Abstract

The article analyses key issues which have an impact on the development of insurance culture. Trends in insurance regulation and supervision at the European level are identified and the Bulgarian context is discussed during 2007-2013, outlining the main market dynamics indicators. Survey results about life insurance issues of youth in Bulgaria are offered from private opinion poll, carried out in December 2013. The low degree of insurance culture of Bulgarian youth is due to insufficient resources to buy insurance products, as well as limited public awareness campaign. Therefore, it is necessary to focus on the role of universities and the school network to enable a more fficient access to financial education for young people and their families. Insurance companies should be involved in this process in order to raise the level of confidence of consumers of insurance products and services.

Suggested Citation

  • Alexander Aldev & Mihaela Mihaleva & Evgeny Evgeniev, 2014. "Insurance culture of young people in Bulgaria," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 95-114.
    • Handle: RePEc:bas:econth:y:2014:i:4:p:95-114
    as

    Download full text from publisher

    File URL: http://www.ceeol.com/aspx/issuedetails.aspx?issueid=b7104906-02a3-4e84-93f7-6ac52e4da8d4&articleid=bdd1b1fb-87bf-4e5a-b57e-21f9b6369294#abdd1b1fb-87bf-4e5a-b57e-21f9b6369294
    Download Restriction: Fee access (Bulgarian)
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • D18 - Microeconomics - - Household Behavior - - - Consumer Protection
    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bas:econth:y:2014:i:4:p:95-114. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Diana Dimitrova (email available below). General contact details of provider: https://edirc.repec.org/data/ikbasbg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.