The More Insurance,the Happier?

The realization of residents' well-being has a very important influence on maintaining social stability and building a harmonious socialist society.Therefore,it is of great practical significance to study the influencing factors of residents' well-being.This is also one of the hot issues in the field of economics and sociology.Based on the previous literature review and the Labor Force dynamic Survey's individual labour force data for 2014,we use descriptive statistics and ordered logistic regression statistics to discuss the risk prevention behavior--insurance index on their subjective well-being.And social sense of justice and psychological sense of security are cited as intermediary variables to explain the influence of insurance index on well-being.At the same time,the interaction between insurance index and social stratification is also included in the model to explore whether there are significant social class differences in the impact of insurance index on subjective well-being.Through the research,it is found that the improvement of residents' insurance index has a significant effect on the subjective well-being of residents.The more people take part in the insurance,the more likely they are to feel happy.At the same time,the sense of social justice and psychological sense of security play a part of the intermediary role between the insurance index and subjective well-being.The effect of the insurance index on subjective well-being was partly transmitted by social sense of justice and psychological sense of security,accounting for about 21.7% of the total.In addition,the impact of residents' comprehensive insurance index on their subjective well-being does exist significant differences in social strata.Under the influence of risk aversion,marginal loss,social justice and psychological sense of security,this effect is more obvious in the upper class.Therefore,this paper believes that the promotion and popularization of social insurance should be increased to mobilize the enthusiasm of residents to participate in insurance.At the same time,positive income redistribution should be carried out through social insurance policy,so as to improve the sense of social equity.And we should strive to improve social security,resolve social contradictions,improve the people's psychological sense of security,so as to further improve the subjective well-being of residents.