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  1. Yangon University of Economics
  1. Yangon University of Economics
  2. Master of Banking and Finance (MBF/EMBF)

Factors Affecting Purchase Intention towards Education Insurance ( Myat Thit Mon, 2023)

https://meral.edu.mm/records/8730
https://meral.edu.mm/records/8730
9a746604-e438-44b7-b208-a3208bdbaea0
340af91a-f742-41b9-a9f1-317b2afdb910
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Myat Myat Thit Mon, EMBF-40, 7th Batch.pdf (722 KB)
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Title
Title Factors Affecting Purchase Intention towards Education Insurance ( Myat Thit Mon, 2023)
Language en
Publication date 2023-01-01
Authors
Myat Thit Mon
Description
This study aims to identify the purchase intention of education insurance and to
analyze the affecting factors on purchase intention towards education insurance. To achieve
these objectives, primary data is collected through simple random sampling method from
the parents of students attending IIP International School during academic year 2022-2023
using structured Five-point Likert scale questionnaires. Based on the previous studies and
theoretical background of the study, the conceptual framework is constructed, mainly
divided into two parts; the independent variables – cultural, social, personal and
psychological factors and dependent variable – purchase intention. The applied research
method in this study is descriptive research method and mean score ranking is used to
determine the impacting factors on purchase intention towards education insurance.
According to the survey results, out of all affecting factors, cultural factor has proved to be
the most influential factor on consumer purchase intention of education insurance and
followed by the personal and psychological factors while social factor has negative
relationship upon purchase intention of the respondents towards education insurance. The
findings of the study suggest the insurance companies to raise the awareness about
education insurance, the returns and benefits of the product and the premium term to
minimize the risk of unexpected event in future. The contribution of the study is supporting
the insurance industry to perceive the factors affecting purchase intention which are able
to reinforce in pursuing purchase intention to decision making process.
Thesis/dissertations
Yangon University of Economics
Dr. Thynn Thynn Myint
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