LIFE MICROINSURANCE IN BRAZIL: A PROPOSAL FOR PRICING AND ASSESSING THE TARGET AUDIENCE
Autor(a) principal: | |
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Data de Publicação: | 2017 |
Outros Autores: | , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Brazilian Journal of Operations & Production Management (Online) |
Texto Completo: | https://bjopm.org.br/bjopm/article/view/V14N1A5 |
Resumo: | The purpose of this article is the creation of a pricing model for life micro-insurance, as well as the analysis of its market potential in Brazil. In this sense, we sought to address issues relating to a biometric table used for pricing, such as the financial impact that the hiring value of this type of product reflects on family income. In addition, it is intended to expose the anti-selection risk made by the insurer, as well as the difference between the premium values for male and female genders, as women outlive men according to life tables published by the Instituto Brasileiro de Geografia e Estatística (IBGE) (Brazilian Institute of Geography and Statistics). In the development of the research, the methodology adopted was an exploratory, documental study by means of a qualitative research on the micro-insurance theme, especially life insurance, as well as the elements used in the measurement of insurance. It can be concluded in this work, that the financial impact on family income is not relevant, especially when the premium is parceled monthly according to the terms of the proposed product, making it accessible. |
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Brazilian Journal of Operations & Production Management (Online) |
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LIFE MICROINSURANCE IN BRAZIL: A PROPOSAL FOR PRICING AND ASSESSING THE TARGET AUDIENCEPricingMicroinsuranceMarket PotencialBiometrics BoardThe purpose of this article is the creation of a pricing model for life micro-insurance, as well as the analysis of its market potential in Brazil. In this sense, we sought to address issues relating to a biometric table used for pricing, such as the financial impact that the hiring value of this type of product reflects on family income. In addition, it is intended to expose the anti-selection risk made by the insurer, as well as the difference between the premium values for male and female genders, as women outlive men according to life tables published by the Instituto Brasileiro de Geografia e Estatística (IBGE) (Brazilian Institute of Geography and Statistics). In the development of the research, the methodology adopted was an exploratory, documental study by means of a qualitative research on the micro-insurance theme, especially life insurance, as well as the elements used in the measurement of insurance. It can be concluded in this work, that the financial impact on family income is not relevant, especially when the premium is parceled monthly according to the terms of the proposed product, making it accessible.Brazilian Association for Industrial Engineering and Operations Management (ABEPRO)2017-05-15info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionPeer-reviewed Articleapplication/pdfapplication/vnd.openxmlformats-officedocument.wordprocessingml.documenthttps://bjopm.org.br/bjopm/article/view/V14N1A510.14488/BJOPM.2017.v14.n1.a5Brazilian Journal of Operations & Production Management; Vol. 14 No. 1 (2017): March, 2017; 38-472237-8960reponame:Brazilian Journal of Operations & Production Management (Online)instname:Associação Brasileira de Engenharia de Produção (ABEPRO)instacron:ABEPROenghttps://bjopm.org.br/bjopm/article/view/V14N1A5/BJOPMV14N1A5https://bjopm.org.br/bjopm/article/view/V14N1A5/449Copyright (c) 2017 Brazilian Journal of Operations & Production Managementhttp://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessSoares, Raphael PortilhoNeto, Julio VieiraMéxas, Mirian PicininiRigueira, Tayana Aparecida2022-11-29T19:11:06Zoai:ojs.bjopm.org.br:article/343Revistahttps://bjopm.org.br/bjopmONGhttps://bjopm.org.br/bjopm/oaibjopm.journal@gmail.com2237-89601679-8171opendoar:2023-03-13T09:45:13.159963Brazilian Journal of Operations & Production Management (Online) - Associação Brasileira de Engenharia de Produção (ABEPRO)false |
dc.title.none.fl_str_mv |
LIFE MICROINSURANCE IN BRAZIL: A PROPOSAL FOR PRICING AND ASSESSING THE TARGET AUDIENCE |
title |
LIFE MICROINSURANCE IN BRAZIL: A PROPOSAL FOR PRICING AND ASSESSING THE TARGET AUDIENCE |
spellingShingle |
LIFE MICROINSURANCE IN BRAZIL: A PROPOSAL FOR PRICING AND ASSESSING THE TARGET AUDIENCE Soares, Raphael Portilho Pricing Microinsurance Market Potencial Biometrics Board |
title_short |
LIFE MICROINSURANCE IN BRAZIL: A PROPOSAL FOR PRICING AND ASSESSING THE TARGET AUDIENCE |
title_full |
LIFE MICROINSURANCE IN BRAZIL: A PROPOSAL FOR PRICING AND ASSESSING THE TARGET AUDIENCE |
title_fullStr |
LIFE MICROINSURANCE IN BRAZIL: A PROPOSAL FOR PRICING AND ASSESSING THE TARGET AUDIENCE |
title_full_unstemmed |
LIFE MICROINSURANCE IN BRAZIL: A PROPOSAL FOR PRICING AND ASSESSING THE TARGET AUDIENCE |
title_sort |
LIFE MICROINSURANCE IN BRAZIL: A PROPOSAL FOR PRICING AND ASSESSING THE TARGET AUDIENCE |
author |
Soares, Raphael Portilho |
author_facet |
Soares, Raphael Portilho Neto, Julio Vieira Méxas, Mirian Picinini Rigueira, Tayana Aparecida |
author_role |
author |
author2 |
Neto, Julio Vieira Méxas, Mirian Picinini Rigueira, Tayana Aparecida |
author2_role |
author author author |
dc.contributor.author.fl_str_mv |
Soares, Raphael Portilho Neto, Julio Vieira Méxas, Mirian Picinini Rigueira, Tayana Aparecida |
dc.subject.por.fl_str_mv |
Pricing Microinsurance Market Potencial Biometrics Board |
topic |
Pricing Microinsurance Market Potencial Biometrics Board |
description |
The purpose of this article is the creation of a pricing model for life micro-insurance, as well as the analysis of its market potential in Brazil. In this sense, we sought to address issues relating to a biometric table used for pricing, such as the financial impact that the hiring value of this type of product reflects on family income. In addition, it is intended to expose the anti-selection risk made by the insurer, as well as the difference between the premium values for male and female genders, as women outlive men according to life tables published by the Instituto Brasileiro de Geografia e Estatística (IBGE) (Brazilian Institute of Geography and Statistics). In the development of the research, the methodology adopted was an exploratory, documental study by means of a qualitative research on the micro-insurance theme, especially life insurance, as well as the elements used in the measurement of insurance. It can be concluded in this work, that the financial impact on family income is not relevant, especially when the premium is parceled monthly according to the terms of the proposed product, making it accessible. |
publishDate |
2017 |
dc.date.none.fl_str_mv |
2017-05-15 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://bjopm.org.br/bjopm/article/view/V14N1A5 10.14488/BJOPM.2017.v14.n1.a5 |
url |
https://bjopm.org.br/bjopm/article/view/V14N1A5 |
identifier_str_mv |
10.14488/BJOPM.2017.v14.n1.a5 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://bjopm.org.br/bjopm/article/view/V14N1A5/BJOPMV14N1A5 https://bjopm.org.br/bjopm/article/view/V14N1A5/449 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2017 Brazilian Journal of Operations & Production Management http://creativecommons.org/licenses/by/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2017 Brazilian Journal of Operations & Production Management http://creativecommons.org/licenses/by/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf application/vnd.openxmlformats-officedocument.wordprocessingml.document |
dc.publisher.none.fl_str_mv |
Brazilian Association for Industrial Engineering and Operations Management (ABEPRO) |
publisher.none.fl_str_mv |
Brazilian Association for Industrial Engineering and Operations Management (ABEPRO) |
dc.source.none.fl_str_mv |
Brazilian Journal of Operations & Production Management; Vol. 14 No. 1 (2017): March, 2017; 38-47 2237-8960 reponame:Brazilian Journal of Operations & Production Management (Online) instname:Associação Brasileira de Engenharia de Produção (ABEPRO) instacron:ABEPRO |
instname_str |
Associação Brasileira de Engenharia de Produção (ABEPRO) |
instacron_str |
ABEPRO |
institution |
ABEPRO |
reponame_str |
Brazilian Journal of Operations & Production Management (Online) |
collection |
Brazilian Journal of Operations & Production Management (Online) |
repository.name.fl_str_mv |
Brazilian Journal of Operations & Production Management (Online) - Associação Brasileira de Engenharia de Produção (ABEPRO) |
repository.mail.fl_str_mv |
bjopm.journal@gmail.com |
_version_ |
1797051460517625856 |