Life Insurance in Republic of Macedonia – Luxury or Necessity

Vitanova, Gordana and Trajkoska, Gordana and Odzaklieska, Dragica and Spaseska, Tatjana and Sotiroski, Kosta (2014) Life Insurance in Republic of Macedonia – Luxury or Necessity. TEM JOURNAL - Technology, Education, Management, Informatics, 3 (2). pp. 134-139. ISSN 2217-8309

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– Individual’s life is uncertain and limited,
such as are his working life and working ability,
therefore life insurance represents a manner of
managing with risks which may be expressed through
the lack of means for subsistence in a certain period of
life or protection of the individual or the members of
his family in financial terms. By having a life insurance
policy one invests in his own security, protects his loved
ones, while saving and planning their own future. Life
insurance policy is a long-term solution that combines
the safest savings and reliability.
There is a tradition of having a life insurance policy in
the developed countries, while in the Republic of
Macedonia the number of individuals with life
insurance is still very small. In this paper we will do a
research on the perception of the population in the
country regarding the benefits of owning a life
insurance policy, limiting factors and measures to
increase the contracts on life insurance.

Item Type: Article
Uncontrolled Keywords: Insurance companies, life insurance policies, assets, risks, individuals
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Economics
Depositing User: Mr Dimitar Risteski
Date Deposited: 01 Jul 2016 11:16
Last Modified: 01 Jul 2016 11:16

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