The factors that influence customer purchase intention toward life insurance products

Life insurance is very important because it can act as a transfer risk that provides our loved one with financial compensation when they lose their sources of income due to incapability or death of the breadwinner in the family. Due to recent statistics, Malaysia still has lower penetration of life...

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Main Author: Nurul Ammira, Hamzah
Format: Thesis
Language:eng
eng
Published: 2021
Subjects:
Online Access:https://etd.uum.edu.my/9961/1/depositpermission-826631.pdf
https://etd.uum.edu.my/9961/2/s826631_01.pdf
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spelling my-uum-etd.99612022-10-16T01:36:15Z The factors that influence customer purchase intention toward life insurance products 2021 Nurul Ammira, Hamzah Abdul Hamid, Siti Norasyikin School of Business Management School of Business Management HF5415.33 Consumer Behavior. Life insurance is very important because it can act as a transfer risk that provides our loved one with financial compensation when they lose their sources of income due to incapability or death of the breadwinner in the family. Due to recent statistics, Malaysia still has lower penetration of life insurance, thus this study objective is to examine the influence of social influence, customer knowledge, perceived product benefit and financial literacy on customer purchase intention toward life insurance products. The target population is the individual that does not have life insurance coverage and lives in the northern region consisting of Perlis, Kedah, Pulau Pinang, and Perak. In total, 235 completed questionnaires had been fully completed and returned for data analysis. Regression analysis, descriptive analysis, and correlation have been used to prove the hypotheses of this study. All hypotheses have been proved to be valid and significant. This study also included the theoretical and practical implications for further research. 2021 Thesis https://etd.uum.edu.my/9961/ https://etd.uum.edu.my/9961/1/depositpermission-826631.pdf text eng staffonly https://etd.uum.edu.my/9961/2/s826631_01.pdf text eng public other masters Universiti Utara Malaysia
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Abdul Hamid, Siti Norasyikin
topic HF5415.33 Consumer Behavior.
spellingShingle HF5415.33 Consumer Behavior.
Nurul Ammira, Hamzah
The factors that influence customer purchase intention toward life insurance products
description Life insurance is very important because it can act as a transfer risk that provides our loved one with financial compensation when they lose their sources of income due to incapability or death of the breadwinner in the family. Due to recent statistics, Malaysia still has lower penetration of life insurance, thus this study objective is to examine the influence of social influence, customer knowledge, perceived product benefit and financial literacy on customer purchase intention toward life insurance products. The target population is the individual that does not have life insurance coverage and lives in the northern region consisting of Perlis, Kedah, Pulau Pinang, and Perak. In total, 235 completed questionnaires had been fully completed and returned for data analysis. Regression analysis, descriptive analysis, and correlation have been used to prove the hypotheses of this study. All hypotheses have been proved to be valid and significant. This study also included the theoretical and practical implications for further research.
format Thesis
qualification_name other
qualification_level Master's degree
author Nurul Ammira, Hamzah
author_facet Nurul Ammira, Hamzah
author_sort Nurul Ammira, Hamzah
title The factors that influence customer purchase intention toward life insurance products
title_short The factors that influence customer purchase intention toward life insurance products
title_full The factors that influence customer purchase intention toward life insurance products
title_fullStr The factors that influence customer purchase intention toward life insurance products
title_full_unstemmed The factors that influence customer purchase intention toward life insurance products
title_sort factors that influence customer purchase intention toward life insurance products
granting_institution Universiti Utara Malaysia
granting_department School of Business Management
publishDate 2021
url https://etd.uum.edu.my/9961/1/depositpermission-826631.pdf
https://etd.uum.edu.my/9961/2/s826631_01.pdf
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