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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INFORMATION
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2020/06/01
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Rapport
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164213
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1
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1
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2021/09/21
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Disclosed
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Do Fiscal Incentives Help Long Term Life Insurance Development?
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life insurance