IMPACT OF THE FINANCIAL CRISIS ON LIFE INSURANCE IN ROMANIA
Whereas both worldwide and locally financial problems aggravate, it is hard to believe that people would search protection in life insurance policy, although in these times people’s need to be protected is much higher. Having in mind our possible future situation, when we might be in an economic imp...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Petrosani
2011-01-01
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| Series: | Annals of the University of Petrosani: Economics |
| Subjects: | |
| Online Access: | http://www.upet.ro/annals/economics/pdf/2011/part4/Preda-Monea.pdf |
| Summary: | Whereas both worldwide and locally financial problems aggravate, it is hard to believe that people would search protection in life insurance policy, although in these times people’s need to be protected is much higher. Having in mind our possible future situation, when we might be in an economic impasse, the solution could be to contract a life insurance, which could basically provide protection, but on a long term, it might be a means of saving. |
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| ISSN: | 1582-5949 2247-8620 |