Financial Literacy Testing in the Area of Insurance Products

Authors

URBANOVSKÝ Karel NEŠLEHA Josef

Year of publication 2017
Type Article in Proceedings
Conference Proceedings of the 9th International Conference of Currency, Banking and International Finance
MU Faculty or unit

Faculty of Economics and Administration

Citation
web http://iccbif.kbmf.nhf.euba.sk
Field Economy
Keywords Customer; Financial Literacy; Insurance Products
Description The protection of customers who take out insurance products has become more important, as there is still not very high level of financial literacy. Therefore, it is more likely that customers do not have all decisive information they need to deal with an insured event. The goal of this article is to extend and refine our previous article which focused only on the issue of life insurance. The partial goal is to determine how the study will proceed. This new research will be focused on all types of insurance products such as non-life insurance, liability insurance and other. The target audience of this research will be limited to those who have already taken out insurance product of certain product group.
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