45
Information and opinion from employees
Section B
1. Present Popularity of Life Insurance
Question 1. Do you have a life insurance policy?
(1) Have
Findings:
(2) Don't have
An overwhelming majority (95.8%) of employees (N = 2089) did
not have a life insurance policy. (Table 0035)
Question 2. Has
(2) Has not
your employer bought a life insurance policy for you besides
the provisions of the Employment Ordinance? (Explain)
(1) Has
(3) Don't know
Findngs:
For 70.2% of employees (N 2089) their employers did not
buy life insurance for them. (Table 0036)
Question 3.
=
J
Do you think life insurance is useful to you or not?
Findings:
(1) Useless Why?
(Do not prompt)
(2) Useful
(3) Don't know
(1) I have sufficient savings to be left to my dependents.
(2) I am still young and I need not bother about death."
(3) I don't have any family burden.
(4) I have never thought of death.
(5) The sum assured will devaluate and by the time it is payable
it will have little value.
(6) The future world after a few decades is uncertain.
(7) I have never thought of what life insurance is.
(8) Others.
55.5% of all employees (N = 2089) thought that life insurance is
useful while 42.8% considered it useless. (Table 0037)
=
894),
Of those who thought that life insurance was useless (N
only 1.3% gave the first reason, 23.4% the second, 3.8% the third, 15.4% the
fourth, 6.2% the fifth, 7.4% the sixth, 20% the seventh, 32.6% other reasons.
(Table 0038 - 0045)