On the Motivations for Purchasing Long-Term Care Insurance: Protecting Bequest and Unreliability of Family Care

Détails

Ressource 1Télécharger: risks-12-00124.pdf (367.04 [Ko])
Etat: Public
Version: Final published version
Licence: CC BY 4.0
ID Serval
serval:BIB_DE01A94AF1DE
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Institution
Titre
On the Motivations for Purchasing Long-Term Care Insurance: Protecting Bequest and Unreliability of Family Care
Périodique
Risks
Auteur⸱e⸱s
Botteron S., Courbage C., Wagner J.
Statut éditorial
Publié
Date de publication
2024
Peer-reviewed
Oui
Volume
12
Numéro
124
Langue
anglais
Résumé
Family considerations are known to influence the decision to buy long-term care (LTC) insurance. This paper uses a Swiss survey to identify the characteristics of individuals willing to purchase LTC insurance, either to protect their children’s bequest or because they cannot rely on family for care. First, it shows that the presence or absence of children plays an important role in the two motivations for buying LTC insurance. Second, it shows that individuals from the French-speaking part of Switzerland and those with lower self-perceived health are more likely to buy LTC insur-ance because of the unreliability of family care. On the other hand, individuals with higher self-perceived health and those with a right and center political orientation are more likely to buy LTC insurance for reasons of bequest protection. The results provide insights into designing more targeted strategies to promote LTC insurance.
Mots-clé
long-term care insurance, family care, bequest
Open Access
Oui
Financement(s)
Fonds national suisse / Projets / 10018_169662
Création de la notice
05/08/2024 13:26
Dernière modification de la notice
07/08/2024 6:18
Données d'usage