Research on Vietnamese Attention in Aviation Insurance

Abstract

The article has clarified the theoretical basis of interest and aviation insurance products. The aviation insurance business is still underdeveloped while the aviation industry is an important factor in Vietnam's economic development, which makes aviation development unsustainable. To solve the research purpose set out, the research team conducted a survey on the understanding and perception of the benefits of aviation insurance products with 196 Vietnamese customers traveling by plane. The results of the data analysis show that the majority of people traveling by plane do not know about aviation insurance products. Many interviewees indicated that they knew that the cost of purchasing aviation insurance products was very high and that they knew through an aviation insurance product consultant. Respondents also said that aviation accidents rarely happen, so they see the benefits of this product are not high. In addition, based on descriptive statistical data of the survey results, the gender factor did not affect the understanding and perception of the benefits of aviation insurance products.