Influence of Life Insurance on the Romanian Insurance Market

Maria Mirabela Florea Ianc ()
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Maria Mirabela Florea Ianc: University "Constantin Brancusi", Faculty of Economics

Ovidius University Annals, Economic Sciences Series, 2016, vol. XVI, issue 1, 173-176

Abstract: Day by day we are confronted with economic reality that each of us face and calling attention to growing our future financial planning and the need for long-term savings. However, awareness of this need is only a necessary first step, continuous communication is essential benefits and role of life insurance in financial planning for the future. The insurance sector usually and of the life insurance, in particular, is particularly important areas in any economic system, development of life insurance can have a particularly strong impact especially in economies in transition. More than this, it was shown that the economic impact of the life insurance act is accompanied by significant social effects.

Keywords: life insurance; insurance market; influence (search for similar items in EconPapers)
JEL-codes: A A1 A10 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xvi:y:2016:i:1:p:173-176

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