Life insurance premium and Covid-19
Insurance, as a source of society's aspirations, represents the association of all those who are exposed to the same danger. The coronavirus pandemic has affected various aspects of life, including the insurance industry. Life insurance is one of the types of insurance where the obligations of...
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| Format: | Article |
| Language: | English |
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Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
2022-01-01
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| Series: | Trendovi u Poslovanju |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2022/2334-816X2202045G.pdf |
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| _version_ | 1823859931240988672 |
|---|---|
| author | Glušac Danijela |
| author_facet | Glušac Danijela |
| author_sort | Glušac Danijela |
| collection | DOAJ |
| description | Insurance, as a source of society's aspirations, represents the association of all those who are exposed to the same danger. The coronavirus pandemic has affected various aspects of life, including the insurance industry. Life insurance is one of the types of insurance where the obligations of insurance companies to policyholders have increased during the coronavirus pandemic. The paper analyzes the normative complex of the insurance premium with the specifics and characteristics of this topic. We consider it important to comprehensively explain the premium as an essential element of the life insurance contract. The analysis includes how the coronavirus pandemic is affecting life insurance premiums. This period of change could be a turning point and lead to transformational changes in the life insurance industry. Those who are able to adapt quickly to changes in the environment, who prioritize the insurance consumer and who see this crisis as an opportunity to start from scratch and fundamentally rethink the way they do business will quickly find their place when things calm down. |
| format | Article |
| id | doaj-art-ae99980db08d4e369d0d43638e008751 |
| institution | Kabale University |
| issn | 2334-816X 2334-8356 |
| language | English |
| publishDate | 2022-01-01 |
| publisher | Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac |
| record_format | Article |
| series | Trendovi u Poslovanju |
| spelling | doaj-art-ae99980db08d4e369d0d43638e0087512025-02-10T19:38:25ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562022-01-01102455110.5937/trendpos2202045G2334-816X2202045GLife insurance premium and Covid-19Glušac Danijela0Univerzitet u Kragujevcu, Pravni fakultet, Kragujevac, SerbiaInsurance, as a source of society's aspirations, represents the association of all those who are exposed to the same danger. The coronavirus pandemic has affected various aspects of life, including the insurance industry. Life insurance is one of the types of insurance where the obligations of insurance companies to policyholders have increased during the coronavirus pandemic. The paper analyzes the normative complex of the insurance premium with the specifics and characteristics of this topic. We consider it important to comprehensively explain the premium as an essential element of the life insurance contract. The analysis includes how the coronavirus pandemic is affecting life insurance premiums. This period of change could be a turning point and lead to transformational changes in the life insurance industry. Those who are able to adapt quickly to changes in the environment, who prioritize the insurance consumer and who see this crisis as an opportunity to start from scratch and fundamentally rethink the way they do business will quickly find their place when things calm down.https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2022/2334-816X2202045G.pdfpremiuminsurancelife insurancecovid-19pandemic |
| spellingShingle | Glušac Danijela Life insurance premium and Covid-19 Trendovi u Poslovanju premium insurance life insurance covid-19 pandemic |
| title | Life insurance premium and Covid-19 |
| title_full | Life insurance premium and Covid-19 |
| title_fullStr | Life insurance premium and Covid-19 |
| title_full_unstemmed | Life insurance premium and Covid-19 |
| title_short | Life insurance premium and Covid-19 |
| title_sort | life insurance premium and covid 19 |
| topic | premium insurance life insurance covid-19 pandemic |
| url | https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2022/2334-816X2202045G.pdf |
| work_keys_str_mv | AT glusacdanijela lifeinsurancepremiumandcovid19 |