Statement of the Problem

This study aims to determine the factors affecting the purchase of life insurance among

Bachelor of Science in Accountancy Students of Baliuag University during the school year 2023-

2024.

Specifically, this study intends to answer the following questions:

1. To what extent do students know about the benefits of life insurance?

2. Is there a significant relationship between financial responsibilities and the purchase of

life insurance?

3. Is there a significant relationship between age and health and the purchase of life

insurance?

4. Is there a significant relationship between financial goals and the purchase of life

insurance?

5. Is there a significant relationship between legacy planning and the purchase of life

insurance?

6. Do financial responsibilities, age and health, financial goals, and legacy planning predict

the purchase of life insurance among Bachelor of Science in Accountancy Students?