An Analysis Of The Factors Influencing The Demand For Life Insurance Of Petroleum Workers In Daqing

In recent years,China’s economy and society have developed rapidly.As a basic industry of the national economy,the petroleum industry’s healthy and stable development is very important to achieve the goal of building a well-off society in an all-round way.On February 3,2020,the Central Committee of the Communist Party of China and the State Council put forward a number of opinions on China’s industrial development situation and current issues,clearly stating that achieving industrial optimization and upgrading and increasing industrial growth rate are necessary measures to achieve the ambitious goals of the two hundred-year plan.As an important sector of China’s industrial energy security,the petroleum industry has a very important position in China’s industrial development.At the same time,in order to ensure China’s position in the world oil market,China is also constantly providing new development ideas for the oil industry.Daqing,also known as Oil City,is China’s largest oil and petrochemical base,one of the tenth largest oil fields in the world,and one of the 19 member cities of the World Energy Cities Partnership.Daqing Oilfield has an oil-bearing area of more than 6,000 square kilometers and has proven geological reserves of 6.7 billion tons.In 2018,Daqing produced 32.044 million tons of crude oil and 4.34 billion cubic meters of natural gas.The scope of Daqing’s oil exploration,including all areas of Heilongjiang Province and the Inner Mongolia Autonomous Region Hulunbeier League,totaling 720,000 square kilometers,occupies 1/13 of China’s land area.Therefore,the development of Daqing’s petroleum industry not only has a direct impact on the regional economy,but is also crucial to the development of China’s petroleum industry.However,in the process of oil production,various work risks will bring various potential losses to oil workers and restrict the stable development of industry.For example,on September 4,2008,an oil site fire and explosion accident occurred in the Daqing area,causing one death and many injuries;on February 28,2014,a natural gas leak occurred in the operating area of the second oil production plant of Daqing Oilfield Company,and the gas was sealed nearby Accumulated in the space,explosions were suspected of sparks caused by electrical equipment or other reasons,the explosion caused the house to collapse,three people were killed and many were injured.These two accidents are only a part of many accidents,which shows that oil workers face huge risks in their daily work.The losses caused by the casualties of oil workers include not only the physical injuries suffered by them,but also the unbearable losses of various families,and even threaten the stability of the people’s livelihood.Therefore,the development of life insurance for petroleum workers in Daqing can disperse most of the work risks,which is conducive to ensuring social stability and ensuring the healthy and orderly development of industry.This article mainly studies the factors that affect the demand for life insurance for petroleum workers in Daqing.By issuing survey questionnaires,interviewing Daqing Insurance Company,petroleum workers and other research methods,the research is mainly based on Daqing petroleum worker life insurance participation,supplemented by the analysis of the life insurance purchase intention of this group,and on this basis,the impact of Daqing petroleum worker life insurance demand is studied.Factors,and according to the actual situation,put forward relevant suggestions.The factors influencing the demand for Daqing petroleum workers’ life insurance involved in the questionnaire survey are divided into four categories,namely,the individual characteristics of petroleum workers,the degree of life insurance awareness and willingness to understand,the quality of services provided by insurance companies and the risk preference and cognitive bias.Through descriptive statistics,non-parametric tests,and logistic regression analysis of the questionnaire data after screening and sorting,the final research results show that influencing factors such as payment preferences,whether other insurances have been purchased,the degree of understanding of life insurance,and the speed of insurance company claims Workers’purchase of life insurance has a significant impact;whether they have purchased other insurance,their willingness to understand life insurance,their understanding of life insurance,the speed of insurance companies’claims and risk appetite,etc.,have a significant impact on the willingness of oil workers to purchase life insurance;Based on field investigations between workers and insurance companies,this article finds that there are some problems in the development of life insurance in the current Daqing area.The main problems are:oil workers ’poor insurance awareness,insurance companies have too few insurance products for oil workers’ work risks,and it is difficult for oil companies and the government to guarantee comprehensive protection.Finally,based on related issues,this article puts forward relevant suggestions.