ASSESSMENT OF THE ROLE OF LIFE INSURANCE IN STRENGTHENING THE SOCIAL PROTECTION OF THE POPULATION IN THE REPUBLIC OF AZERBAIJAN

Authors : Melek ALIYEVA

Pages : 126-137

Doi:10.55050/sarad.1211759

View : 74 | Download : 119

Publication Date : 2023-07-31

Article Type : Research Paper

Abstract :Life insurance is accepted as a progressive method commonly used in the insurance of risks related to human life in many countries of the world, and its origins are more originally from social protection. The role of life insurance in the social security of the population in Azerbaijan was designed based on comparative analysis between countries based on statistical and analytical methods. According to the reasonable result we have reached at the end of our research, a small leap in life insurance improves the economic and social situation of the population. In Azerbaijan, the author examined the penetration forecast for the social security system of life insurance. The author conducted correlation, regression and analytical-statistical analyzes with the rule between countries. The Social Security suffix in the state can be overcome by life insurance and gradually increased.
Keywords : Hayat Sigortası, Sosyal Güvenlik, Prim, Prim Bedeli