ABSTRACT
This study was done to determine the model for endowment life insurance in Tanzania. Longitudinal research design covering data from year 2003 to 2017 was used. These data were typically secondary collected from the National Insurance Corporation (T) Limited. A trend line graph was used to fit the demand model to predict the endowment life insurance in Tanzania. Among the fitted models, cubic regression model was found to be the best model fit for endowment life insurance. The study furthermore found that, endowment life insurance premiums follow Burr distribution. Since life insurance is a business with uncertainties, it is recommended that the fitting of distribution should be studied to help in business decisions making
MWAKALONGE, D (2021). Modelling Of Demand For Endowment Life Insurance In Tanzania. Afribary. Retrieved from https://afribary.com/works/modelling-of-demand-for-endowment-life-insurance-in-tanzania
MWAKALONGE, DANIEL "Modelling Of Demand For Endowment Life Insurance In Tanzania" Afribary. Afribary, 20 May. 2021, https://afribary.com/works/modelling-of-demand-for-endowment-life-insurance-in-tanzania. Accessed 25 Nov. 2024.
MWAKALONGE, DANIEL . "Modelling Of Demand For Endowment Life Insurance In Tanzania". Afribary, Afribary, 20 May. 2021. Web. 25 Nov. 2024. < https://afribary.com/works/modelling-of-demand-for-endowment-life-insurance-in-tanzania >.
MWAKALONGE, DANIEL . "Modelling Of Demand For Endowment Life Insurance In Tanzania" Afribary (2021). Accessed November 25, 2024. https://afribary.com/works/modelling-of-demand-for-endowment-life-insurance-in-tanzania