Arun, Thankom; Bendig, Mirko; Arun, Shoba - In: World Development 40 (2012) 8, pp. 1700-1711
This paper emphasizes bequest motives by evaluating participation patterns in micro life insurance against insurance … micro life insurance participation of low-income households, using probit and tobit models. The results provide evidence … that micro life insurance is positively correlated with measures of bequest motives such as the number of children or …