Do Fiscal Incentives Help Long Term Life Insurance Development? (English)

Life insurance lags non-life insurance in many nascent markets. In order to develop the life insurance market, insurance companies sometimes present the introduction of tax incentives to stimulate consumers’ willingness to commit to long term savings associated with life insurance. This paper examines whether insurance premiums’ tax deductibility can affect life insurance penetration using regression analysis of a cross-country dataset. To complement...

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Author

Shindo,Tetsutaro;

Thorburn,Craig Walton;
Document Date
2020/06/01
Document Type
Report
Report Number
164213
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2021/09/21
Disclosure Status
Disclosed
Doc Name
Do Fiscal Incentives Help Long Term Life Insurance Development?
Keywords
life insurance

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Citation

Shindo,Tetsutaro; Thorburn,Craig Walton.

Do Fiscal Incentives Help Long Term Life Insurance Development? (English). Developing Insurance Markets Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/900921632204589083

Do Fiscal Incentives Help Long Term Life Insurance Development? (English)

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