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Nigerian research paper investigates pre-participation insurance beliefs

A research paper by Sunday Okekwu explores why individuals in Nigeria who have never directly engaged with insurance still hold firm beliefs that insurance companies do not pay claims. The study proposes a framework to understand this phenomenon, distinguishing between direct claims experience and indirect evidence from social networks, media, and institutional signals. It introduces concepts like the Belief-Before-Participation Effect and Evidential Distance to explain how these pre-participation beliefs are formed and perpetuated, potentially hindering insurance uptake. AI

RANK_REASON Academic research paper detailing a new framework for studying belief formation. [lever_c_demoted from research: ic=1 ai=0.1]

Read on Mastodon — mastodon.social →

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Nigerian research paper investigates pre-participation insurance beliefs

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Academic research paper detailing a new framework for studying belief formation. [lever_c_demoted from research: ic=1 ai=0.1]
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COVERAGE [1]

  1. Mastodon — mastodon.social TIER_1 English(EN) · sundayokekwuinsurance.wordpress.com@sundayokekwuinsurance.wordpress.com ·

    WHY DO NON-PARTICIPANTS BELIEVE THAT INSURANCE COMPANIES DO NOT PAY CLAIMS IN NIGERIA? I’m A RESEARCH INVESTIGATION INTO BELIEF FORMATION, SOCIALLY TRANSMITTED

    WHY DO NON-PARTICIPANTS BELIEVE THAT INSURANCE COMPANIES DO NOT PAY CLAIMS IN NIGERIA? I’m A RESEARCH INVESTIGATION INTO BELIEF FORMATION, SOCIALLY TRANSMITTED RISK PERCEPTIONS, CLAIMS EXPERIENCE, INSTITUTIONAL TRUST AND INSURANCE NON-PARTICIPATIONRESEARCH PAPER 12 September 2026…