Conditions and perspectives of the life insurance in the Republic of Macedonia

Milosevic, Bratislav and Filiposki, Oliver (2018) Conditions and perspectives of the life insurance in the Republic of Macedonia. Horizons-International Scientific Journal, 23. pp. 431-452. ISSN 1857-9884

	Text p31.pdf Download (676kB)
	Text title pages.pdf Download (88kB)

Abstract

If we say that life insurance is a specific combination of insurance and savings, then we can surely confirm that it is of exceptional importance for the society and for the man himself. Variations in life insurance arise from the need of people (joint-individual, long term-short term, simple-complex, risk-reliably, etc.) to secure themselves or their relatives at a certain period of their lives. The needs of the insured persons are derived from themselves, from the environment in which they act or are imposed upon them. Living in the world of the greatest technical and technological advancements and the challenges of new ways of living are a challenge for life insurance companies. Whether they will accept proactivity in restructuring their operations or will be only passive observers of contemporary demographic, social, technological, economic and political trends, will depend on whether they want to be profitable, market leaders and a brand of security in the perception of their insured persons. The growth trend of life insurance in the Republic of Macedonia, gives us the right to think about the perspectives and opportunities offered by modern trends in life insurance as a condition for the growth of life insurance companies.

Item Type:	Article
Subjects:	Social Sciences > Economics and business
Divisions:	Faculty of Tourism and Business Logistics
Depositing User:	Oliver Filiposki
Date Deposited:	25 Aug 2021 10:34
Last Modified:	25 Aug 2021 10:34
URI:	https://eprints.ugd.edu.mk/id/eprint/28357

Actions (login required)

View Item