The focal aim of this paper is to examine the relationship between government expenditure on health and administration on education, and insurance demand in Malaysia. Specifically, this study examined the short- and long-run impacts of gross domestic product, inflation rate, government health expenditure, government education expenditure and real interest rate on insurance demand in the country. The study focus on Malaysia, was mainly due to the substantial income generated through insurance demand since the COVID-19 pandemic in 2019. Time series data, spanning December 1990 to December 2022, were utilised. This study adopted the linear ARDL approach to identify the short- and long-run impact between observed variables. Specifically, the study examined whether the observed variables significantly affect insurance demand in Malaysia. The initial estimation model was subsequently divided onto two specification model, namely health model and education model. The results suggest that the h.....

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