TNAG-0790-FCO40-994-Development-of-social-policy-in-Hong-Kong-proposed-contribut-1978 — Page 116

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)