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Rational Ignorance and the Protection Gap: Is There a Cure?
Rational Ignorance and the Protection Gap: Is There a Cure? Article describes the concept of Rational Ignorance and suggests that recognizing this issue in the life insurance industry might ...- Authors: Ronald Poon-Affat
- Date: Mar 2021
- Competency: Communication
- Publication Name: Reinsurance News
- Topics: Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Marketing and distribution - Life Insurance
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How Insurers Can Use Behavioral Economics Approaches to Make Improvements
There are many ways to actively utilize BE approaches – and implementing these important tools can help insurers in many ways.- Authors: Heidi Alpren, Ruth Potter, Joe Curtin
- Date: Apr 2025
- Competency: Communication; External Forces & Industry Knowledge; Results-Oriented Solutions
- Topics: Health & Disability; Health & Disability>Disability insurance; Health & Disability>Health insurance; Life Insurance; Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Marketing and distribution - Life Insurance; Life Insurance>Accelerated underwriting