Barely Significant
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Family Life Cycle, Asset Portfolio, and Commercial Health Insurance Demand in China.

Int J Environ Res Public Health · 2022 · PMC9778970 · PMID 36554674

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a decreasing trendno p-value reported
Showers and Shotick (1994) [ 9 ] used the data of the US Consumer Expenditure Survey (CES) and found that the age of the household head, the household income, and the family size all had a significant positive impact on the demand for life insurance, and the positive impact of the household head age and the family size showed a decreasing trend.

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