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Clan culture and private insurance take-up

Author

Listed:
  • Longhao Xu

    (Zhejiang Gongshang University)

  • Xinyu Zhao

    (Central South University)

  • Fenghua Wen

    (Central South University
    University of Windsor)

Abstract

This paper utilizes data from the China Family Panel Studies (CFPS) to explore the influence of clan culture on the demand for households’ private insurance. The findings reveal that clan culture enhances the likelihood of enrolling in private insurance and increases premium expenditures. Additionally, our research examines how clan culture impacts household private insurance demand and identifies that the solid social interaction among clansmen primarily drives the positive effect of clan culture on private insurance uptake. Furthermore, the positive relationship between clan culture and private insurance uptake is particularly pronounced among rural households, low-income families, and households without internet access and high cognitive abilities.

Suggested Citation

  • Longhao Xu & Xinyu Zhao & Fenghua Wen, 2025. "Clan culture and private insurance take-up," Empirical Economics, Springer, vol. 68(6), pages 2729-2765, June.
    • Handle: RePEc:spr:empeco:v:68:y:2025:i:6:d:10.1007_s00181-025-02715-2
    DOI: 10.1007/s00181-025-02715-2
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