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Determinants of Individuals’ Demand for Service Products. Sample of Algerian Insurance Companies Clients

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  • Noureddine BERBER, Djilali BELAIDOUNI

    (Univ. of Tiaret, Algeria)

  • Fatma Zohra BOUGHAR

    (Univ. of Chlef, Algeria)

Abstract

This study aims to highlight the most important factors determining the demand of Algerian individuals for insurance services, and to achieve this goal, the study relied mainly on a field survey distributed to a sample estimated at 141 individuals, directly related to the insurance sector, including employees, citizens, and executives in public and mutual insurance institutions. The results showed after analyzing the data that the insurance culture among the Algerian consumer is an imperative necessity for developing the insurance sector and everyone needs it, whether insurance institutions or people dealing with insurance companies.

Suggested Citation

  • Noureddine BERBER, Djilali BELAIDOUNI & Fatma Zohra BOUGHAR, 2024. "Determinants of Individuals’ Demand for Service Products. Sample of Algerian Insurance Companies Clients," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(1), pages 1588-1604, January.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:1:p:1588-1604
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    References listed on IDEAS

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    1. Samuel GUERINEAU & Relwende SAWADOGO, 2015. "On the determinants of life insurance development in Sub-Saharan Africa: the role of the institutions quality in the effect of economic development," Working Papers 201519, CERDI.
    2. Donghui Li & Fariborz Moshirian & Pascal Nguyen & Timothy Wee, 2007. "The Demand for Life Insurance in OECD Countries," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 74(3), pages 637-652, September.
    3. Thorsten Beck & Ian Webb, 2003. "Economic, Demographic, and Institutional Determinants of Life Insurance Consumption across Countries," The World Bank Economic Review, World Bank, vol. 17(1), pages 51-88, June.
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