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  • © 1996

Consumer Attitudes Toward Credit Insurance

Part of the book series: Innovations in Financial Markets and Institutions (IFMI, volume 10)

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Table of contents (8 chapters)

  1. Front Matter

    Pages i-xi
  2. Introduction

    • John M. Barron, Michael E. Staten
    Pages 1-4
  3. Summary of Prior Research

    • John M. Barron, Michael E. Staten
    Pages 5-16
  4. 1993 CRC Survey Questionnaire and Sample Design

    • John M. Barron, Michael E. Staten
    Pages 17-26
  5. The Credit Insurance Purchase Decision: Who Buys It and Why

    • John M. Barron, Michael E. Staten
    Pages 27-59
  6. Consumer Awareness: Actual Versus Perceived Insurance Purchase Decisions

    • John M. Barron, Michael E. Staten
    Pages 61-78
  7. The Marketing of Credit Life Insurance

    • John M. Barron, Michael E. Staten
    Pages 79-106
  8. The Impact of Rate Regulations on Sales Practices

    • John M. Barron, Michael E. Staten
    Pages 107-117
  9. Summary

    • John M. Barron, Michael E. Staten
    Pages 119-125
  10. Back Matter

    Pages 127-158

About this book

Consumer Attitudes Toward Credit Insurance provides the findings of a survey of approximately 3600 individuals who had the opportunity to purchase credit life insurance in conjunction with all types of consumer loans, except first mortgages and credit cards. The survey that forms the basis of the book was conducted in 1993 by the Credit Research Center at Purdue University's Krannert Graduate School of Management. It replicates and expands upon four previous national studies of credit insurance consumers, done between 1970 and 1985.
Despite the generally positive findings of prior research with respect to consumer attitudes toward credit insurance, several open questions remain of interest to policy makers, specifically the question of whether coercion is involved in the sale of the insurance. Consumer Attitudes Toward Credit Insurance addresses these outstanding issues. It presents a profile of who is currently being served by the credit insurance market, as well as the reasons borrowers purchase the product and their experience with the offer of credit insurance at point of sale.

Authors and Affiliations

  • Department of Economics, Krannert Graduate School of Management, Purdue University, USA

    John M. Barron

  • Credit Research Center, Krannert Graduate School of Management, Purdue University, USA

    Michael E. Staten

Bibliographic Information

  • Book Title: Consumer Attitudes Toward Credit Insurance

  • Authors: John M. Barron, Michael E. Staten

  • Series Title: Innovations in Financial Markets and Institutions

  • DOI: https://doi.org/10.1007/978-1-4613-1327-4

  • Publisher: Springer New York, NY

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer Science+Business Media New York 1996

  • Hardcover ISBN: 978-0-7923-9671-0Published: 31 December 1995

  • Softcover ISBN: 978-1-4612-8570-0Published: 01 August 2012

  • eBook ISBN: 978-1-4613-1327-4Published: 06 December 2012

  • Edition Number: 1

  • Number of Pages: XII, 158

  • Topics: Finance, general

Buy it now

Buying options

eBook USD 129.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access