Investment Decisions on Life Insurance Policy Among Public School Teachers

The study aimed to identify the factors influencing the investment decisions of public school teachers' life insurance policies in Claver, Surigao del Norte. A quantitative – descriptive survey design was utilized using mean and standard deviation, frequency count and percentage, and analysis of variance. The teachers' profile was the study's independent variable, and its indicators were age, sex, rank position, civil status, and years in service. While the influencing factors such as premium offered, company image, service quality, satisfaction level, and company-client relationship served as the dependent variable. The findings indicate no significant relationship between the influencing factors and the profile variables. The paper recommends that the insurance companies propose new strategies to increase investment through the use of the technology and improve the company's service quality. In addition, school administrators should work with stakeholders in conducting financial literacy programs on insurance investment for the teachers to aid more knowledge in expenses management and future security.