The Positive Analysis On Factors Of The Demand Of Life Insurance In China

Life insurance is becoming larger and larger in China, and this makes Chinese economy much stronger. As the same time, Chinese people is benefiting from this great progress. As China government making the reform go on, life insurance industry will show its big potential in China economy. The place of life insurance will rise in the future. For this reason, the study on the demand of life insurance and the factor of life insurance is so important that we must plunge into this huge cause.This paper considers the whole life insurance market and all theories that economists have, analyses the demand of life insurance and the factor of life insurance .The method of study is positive analysis, which choose nine factors as X. These factors are proportion of foster, amount of inhabitant, GDP, the consumption, the expending on health, the bank deposit of inhabitant, the expending on public, the expending on safeguard and employment, the expending on education .Then, this paper chooses the proceeds of life insurance as Y. By analyzing these nine factors, we conclude that the bank deposit of inhabitant and the expending on education are very important factors of the nine .The bank deposit of inhabitant indicates that , the inhabitant have the potential on buying the life insurance. The expending on education indicates that, by educating, people may buy more life insurance. This means that, by improving income of inhabitant and the expending on education, we can give more assurance to the people in our country. So, it is a good idea that, our people will benefit more from this policy.