This graph shows the reasons for buying insurance in China as of January 2019. According to a survey, around 58 percent of respondents in China said that their main reason to buy an insurance was to avoid burdens when accidents occur.
Reasons for buying insurance in China as of January 2019
Respondents in this survey were people who had bought a long-term insurance in the last two years or people who had only bought a short-term insurance but were planning to buy a long-term insurance in the next two years.
The qualitative part of the survey (focus groups and face-to-face interviews) was conducted in December of 2018 with 112 participants. The quantitative part (online survey) was conducted in January of 2019 with 1,030 respondents.
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199IT, & Manulife-Sinochem Life Insurance. (May 10, 2019). Reasons for buying insurance in China as of January 2019 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1009920/china-reasons-for-buying-insurance/
199IT, und Manulife-Sinochem Life Insurance. "Reasons for buying insurance in China as of January 2019." Chart. May 10, 2019. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1009920/china-reasons-for-buying-insurance/
199IT, Manulife-Sinochem Life Insurance. (2019). Reasons for buying insurance in China as of January 2019. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1009920/china-reasons-for-buying-insurance/
199IT, and Manulife-Sinochem Life Insurance. "Reasons for Buying Insurance in China as of January 2019." Statista, Statista Inc., 10 May 2019, https://www.statista.com/statistics/1009920/china-reasons-for-buying-insurance/
199IT & Manulife-Sinochem Life Insurance, Reasons for buying insurance in China as of January 2019 Statista, https://www.statista.com/statistics/1009920/china-reasons-for-buying-insurance/ (last visited November 21, 2024)
Reasons for buying insurance in China as of January 2019 [Graph], 199IT, & Manulife-Sinochem Life Insurance, May 10, 2019. [Online]. Available: https://www.statista.com/statistics/1009920/china-reasons-for-buying-insurance/
