Malaysian’s attitudes towards the importance of insurance in personal financial planning / Siti Norhazwani Mohd Hasim

This exploratory study focused on attitude of Malaysian‟s toward the importance of insurance in personal financial planning. Target respondents were in Kuang, Selangor which is 3400 populations. Drawing from theoretical foundation, an empirical survey was conducted among 341 people in Kuang, Selango...

Full description

Bibliographic Details
Main Author: Mohd Hasim, Siti Norhazwani
Format: Student Project
Language:English
Published: 2011
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/31258/
_version_ 1848807710548557824
author Mohd Hasim, Siti Norhazwani
author_facet Mohd Hasim, Siti Norhazwani
author_sort Mohd Hasim, Siti Norhazwani
building UiTM Institutional Repository
collection Online Access
description This exploratory study focused on attitude of Malaysian‟s toward the importance of insurance in personal financial planning. Target respondents were in Kuang, Selangor which is 3400 populations. Drawing from theoretical foundation, an empirical survey was conducted among 341 people in Kuang, Selangor insuring and non insuring to gauge their awareness level and general attitudes towards insurance in personal financial planning. The sample consisted of 341 respondents collected through random sampling of probability sampling technique. There were statistically significant differences between males and females in the attitudes toward the importance of insurance in personal financial planning. Female are often more aware on insurance in personal financial planning so that their attitude are more positive rather than male. Furthermore, the attitudes are negative because of are mirrored through low patronage of insurance services and unsatisfied within insurance transaction. It discusses such social cultural factors that account for these attitudes and what role marketing strategies and related party such as insurance company can play to change such negative attitude. The findings present different demographical factors and their attitudes towards insurance in personal financial planning. It is expected that findings from such survey would constitute vital input for insurers in designing marketing strategies that would further stimulate and boost patronage and perception of insurance services. At the same time gave an idea to related party such as insurance company and government to take action on how to increase positive attitude toward the importance of insurance in personal financial planning.
first_indexed 2025-11-14T22:47:09Z
format Student Project
id uitm-31258
institution Universiti Teknologi MARA
institution_category Local University
language English
last_indexed 2025-11-14T22:47:09Z
publishDate 2011
recordtype eprints
repository_type Digital Repository
spelling uitm-312582020-08-26T00:57:16Z https://ir.uitm.edu.my/id/eprint/31258/ Malaysian’s attitudes towards the importance of insurance in personal financial planning / Siti Norhazwani Mohd Hasim Mohd Hasim, Siti Norhazwani Personal finance. Financial literacy Other insurance. Including automobile, burglary, credit, disaster, title insurance This exploratory study focused on attitude of Malaysian‟s toward the importance of insurance in personal financial planning. Target respondents were in Kuang, Selangor which is 3400 populations. Drawing from theoretical foundation, an empirical survey was conducted among 341 people in Kuang, Selangor insuring and non insuring to gauge their awareness level and general attitudes towards insurance in personal financial planning. The sample consisted of 341 respondents collected through random sampling of probability sampling technique. There were statistically significant differences between males and females in the attitudes toward the importance of insurance in personal financial planning. Female are often more aware on insurance in personal financial planning so that their attitude are more positive rather than male. Furthermore, the attitudes are negative because of are mirrored through low patronage of insurance services and unsatisfied within insurance transaction. It discusses such social cultural factors that account for these attitudes and what role marketing strategies and related party such as insurance company can play to change such negative attitude. The findings present different demographical factors and their attitudes towards insurance in personal financial planning. It is expected that findings from such survey would constitute vital input for insurers in designing marketing strategies that would further stimulate and boost patronage and perception of insurance services. At the same time gave an idea to related party such as insurance company and government to take action on how to increase positive attitude toward the importance of insurance in personal financial planning. 2011 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/31258/1/31258.pdf Mohd Hasim, Siti Norhazwani (2011) Malaysian’s attitudes towards the importance of insurance in personal financial planning / Siti Norhazwani Mohd Hasim. (2011) [Student Project] <http://terminalib.uitm.edu.my/31258.pdf> (Unpublished)
spellingShingle Personal finance. Financial literacy
Other insurance. Including automobile, burglary, credit, disaster, title insurance
Mohd Hasim, Siti Norhazwani
Malaysian’s attitudes towards the importance of insurance in personal financial planning / Siti Norhazwani Mohd Hasim
title Malaysian’s attitudes towards the importance of insurance in personal financial planning / Siti Norhazwani Mohd Hasim
title_full Malaysian’s attitudes towards the importance of insurance in personal financial planning / Siti Norhazwani Mohd Hasim
title_fullStr Malaysian’s attitudes towards the importance of insurance in personal financial planning / Siti Norhazwani Mohd Hasim
title_full_unstemmed Malaysian’s attitudes towards the importance of insurance in personal financial planning / Siti Norhazwani Mohd Hasim
title_short Malaysian’s attitudes towards the importance of insurance in personal financial planning / Siti Norhazwani Mohd Hasim
title_sort malaysian’s attitudes towards the importance of insurance in personal financial planning / siti norhazwani mohd hasim
topic Personal finance. Financial literacy
Other insurance. Including automobile, burglary, credit, disaster, title insurance
url https://ir.uitm.edu.my/id/eprint/31258/