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題名:保險需求與保險策略之選擇
作者:賴靜美
校院名稱:逢甲大學
系所名稱:商學博士學位學程
指導教授:李君屏
張文武
學位類別:博士
出版日期:2016
主題關鍵詞:投資型保險購買定期壽險且餘額自行投資附加費用危險成本董監事暨重要職員責任保險生命週期公司治理investment-oriented insurancebuy term and invest the differenceloading expenseinsurance costD&O insurancelife cyclecorporate governance
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本論文主要於研究個人與企業的自我條件對保險需求之探討,首先分析個人應有何種自身條件(年齡、性別與保險期間)而適合購買投資型保險;其次分析企業是否因為企業自身條件(企業生命週期與公司治理)而選擇購買董監事暨重要職員責任保險。因此,本論文就個人與企業方面,區分為以下兩個主題進行探討。
第一個主題之研究目的是以模擬方法分析不同的消費者在購買投資型保險商品或購買定期壽險且餘額自行投資(buy term and invest the difference, BTID)的二種策略上,應如何透過自身條件挑選較佳的保險投資策略。實證模擬結果顯示,保險期間愈長並且投保年齡愈高的消費者,應選擇購買投資型保險較有利,同時宜挑選投資型保單的附加費用率總和要愈小、危險成本要愈低或是保額保費比值要愈高的保單。但是,保險期間愈短、投保年齡愈低或是保額保費比值愈低的消費者,則應使用BTID策略較有利。
第二個主題在探討董監事暨重要職員責任保險(簡稱D&O保險)與企業生命週期之影響性,同時我們檢驗不同生命階段下的公司治理對於D&O保險需求之影響。實證結果發現,首先,企業生命週期是企業購買D&O保險與決定保險金額的因素;其次,在不同的企業生命週期下的公司治理因素,對於企業購買D&O保險與決定保險金額,有不同程度的影響。
This paper discussed the self-condition of the individual and corporate to insurance demand. First, we analyzed what kind of self-condition of the individual (such as age, gender and policy period) purchased the investment-oriented insurance appropriately. Secondly, we analyzed what the self-condition of corporate (such as corporate life cycle and corporate governance) would choose to purchase the directors’ and officers’ liability insurance. Therefore, under the individuals and corporate, we divided into the following two topics were discussed.
The first topic is examined by simulation the different consumers how to choose the investment-oriented insurance (referred to IOI) or buy-term-and-invest-the difference (referred to BTID) strategies in their own conditions for financial needs. The results of simulation have shown that IOI strategy should be employed when the consumers with higher insurance age and longer policy period, and furthermore, consumers of purchasing investment-oriented insurance products should choose policies with lower loading expense, lower insurance cost or higher ratio of insured amount to premium. In addition, BTID strategy should be used when the insurance age is younger, the insurance period is shorter or insured amount to premium ratio is lower.
The second topic is examined the effects of the corporate life cycle on directors’ and officers’ liability insurance (referred to D&O insurance). On the basis of the empirical analysis, we first determine that corporate life cycle influences companies’ decisions to purchase D&O insurance and that it determines the amount of insurance that companies purchase. Moreover, corporate governance at different life cycle stages has various degrees of impact on D&O insurance demand and the amount of insurance purchased.
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