Download or read book Rural Customer s Behavior Towards Life Insurance Products in India written by Abhinav Nigam and published by . This book was released on 2019 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the behavior of customers is a key to success. This thesis focuses on understanding the behavior of rural consumers towards life insurance. This requires understanding of four aspects: 1. Consumer behavior. 2. Life Insurance and consumer behavior towards life insurance 3. Rural market dynamics, rural life insurance and rural customer behavior towards life insurance in India.
Download or read book Life Insurance Products In Rural Markets Customer Perceptions and Attitudes written by P Rajavardhan Reddy and published by Archers & Elevators Publishing House. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book AN ANALYTICAL STUDY OF DEFAULT BEHAVIOUR OF LIFE INSURANCE CONSUMERS FROM NORTH MAHARASHTRA written by Dr. Shamkant N. Kotkar and published by Lulu.com. This book was released on with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The perception of college teachers towards life insurance A case study written by Dr. Balasaheb Chavan and published by GRIN Verlag. This book was released on 2020-11-10 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2020 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: A, , course: Minor Research, language: English, abstract: This study is necessary to understand the position of insurance sector in Latur district and perception of the general public towards insurance industry and its products as compared to other parts of Maharashtra. People residing in rural and urban area; view differently for the same service that has been provided by the insurance company. This difference of thinking or attitude is due to their income level, standard of living, education, knowledge about industry etc. People irrespective of living in any area can have any type of insurance products or service, but generally rural people look towards insurance as investment and urban as protection or safeguard against loss to life or property. So the rural people believe in such product which will give them lump sum amount at the maturity of the policy. But the urban people believe that insurance should protect them or their family after any bad or unfortunate incident happens with them. It means that the Ϯςͮ Minor Research Project / Dr. B. T. Chavan urban people use to take such insurance policies which will provide huge lump sum amount after the loss to life to the remaining family members. Latur district is situated in the south eastern part of Marathwada region of Maharashtra state. Insurance generally operates on the premise of uncertain future and as such its promotion and development depends mostly on the ability of insurers in assessing the real uncertainties of life of the insured. Insurance provides payment for unexpected losses to individual’s family and business firms, allowing their activities to continue smoothly despite unfavorable and unfortunate events. An insurer’s reputation is evaluated mainly on his ability to fulfill his promise when the insured needs it. The life insurance industry also plays an important role in the mobilization of household and corporate savings and promoting investment activity. This industry provides for efficient and productive allocation of capital resources, thus facilitates growth and development of an economy. The life insurance industry in India, with LIC and 23 private sector players, has been playing a major role in performing some insurance functions of Society.
Download or read book A Comparative Study of Rural and Urban Customers of Life Insurance Products With Special Reference to Latur District written by Balasaheb Chavan and published by . This book was released on 2021-01-07 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doctoral Thesis / Dissertation from the year 2016 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: A, course: Ph. D, language: English, abstract: Human life is full of uncertainties and numerous pitfalls, wise people remain adequately alert and cautious about this fact of life. Even though nobody can avoid probable risks and uncertainties, but he can be well-prepared to face it. To avoid the danger is not within our reach but making us strong enough to counter the strokes is possible. The person with future awareness opts to buy the life insurance armour for becoming able enough to face any eventuality. Up till now many lives have been made free of anxieties through life insurance. The Hindu philosophy gives the axiomatic truth of the nature of insurance "Yat bhavati tat nashyati" which means whatever is created, certainly destroyed. The universe as a whole is created, as a matter created, it is but natural that it is subject to destruction. Creation is inevitably followed by destruction; risks therefore are inevitable in life. Creation, preservation and dissolution is the unending cycle of the universe, everybody is expected to accept and digest it. Ours is an era of uncertainty and life is surprising. It is the confederation of tensions and anxieties regarding the future uncertainties. Wherever may be an uncertainty, it is risky. Normally any risk is difficult to avoid, though not impossible.
Download or read book Expectations of Urban and Rural LIC Customers written by Ashok Banne and published by . This book was released on 2015 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Insurance has become an integral part of man's financial planning. People buy life insurance with different expectations depending up on their income, locality, gender, dependents, education, occupation awareness about need of life insurance etc. Customers form their expectations about life insurance products or services on the basis of their past experiences, experiences of others, advice of friends, relatives, information provided by marketers as well as competitors. There is always a certain minimum desired level of service performance the customers are ready to accept. Customer satisfaction or dissatisfaction mainly depends up on the fulfillment or non fulfillment of customer expectations about services rendered by the insurers. The present research is an attempt to know the expectations of urban and rural customers of LIC towards SERVQUAL parameters of Parasuraman et.al. (1985). One Sample 't' test and ANOVA have brought in use to test the hypothesis. The hypothesis, 'the quality expectations of customers from the LIC of India differ from customer to customer' is rejected to the limit of comparison of agreement of customers from urban and rural area towards SERVQUAL parameters.
Download or read book Indian Insurance Sector in 21st Century written by and published by Gyan Publishing House. This book was released on 2009 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Indian Life and Health Insurance Industry written by Novi Dewan and published by Springer Science & Business Media. This book was released on 2008-08-29 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: Novi Dewan establishes a status quo of the Indian health and life insurance industry and discusses the best practices for various elements of the marketing mix. She complements secondary research with recent empirical data accentuating the emerging opportunities and challenges in the Indian Insurance Industry by using standardized interviews with opinion leaders and CEOs of several insurers.
Download or read book Consumers Grievance Redressal System in the Indian Life Insurance Industry An Analysis written by M. Syed Ibrahim and published by . This book was released on 2014 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reckoned among the fastest growing industries, the life insurance industry of India has 23 license-holders running their business in this sector. The Life Insurance Corporation of India (LIC), which is the only player in the public sector, contributes over 70% to the business. The remaining area is covered by the 22 private sector companies. Life Insurance Corporation of India (LIC) was established on 1st September, 1959, with the objective of spreading life insurance much more widely and in particularly to the rural areas with a view to reach all insurable persons in the country, providing them adequate financial cover at a reasonable cost. LIC continues to be the dominant life insurer even in the liberalized scenario of Indian insurance and is moving fast on a new growth trajectory surpassing its own past records. The study would provide some insights into the areas, specifically consumer protection and the awareness with reference to the grievances settlement operations of the Life Insurance Industry in India. The study is diagnostic and exploratory in nature and makes use of secondary data. The study finds and concludes that the Life Insurance Industry have significantly improved their performance with regard to redress the grievances of the insurance customers (policyholders).
Download or read book PERFORMANCE OF LIFE INSURANCE COMPANIES IN INDIA written by Dr. ARUNA RAVI and published by Archers & Elevators Publishing House. This book was released on with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Customer Satisfaction on Money Back Plans of Life Insurance Industries written by Om Gupta and published by . This book was released on 2015 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Government of India made history on October 24, 2000 by once again bringing back insurance business to private companies, which had earlier been abolished 24 years ago. The opening of the insurance sector was facilitated through the Insurance Regulatory and Development Authority (IRDA). Today, organizations are competing in complex business environments characterized by continuous changes in economic, social politico-legal and regulatory factors. The insurance sector along with other elements of marketing, as well as financial infrastructure, have been touched and influenced by the process of liberalization and globalization in India. The customer is the king in the market. Life Insurance companies deal in intangible products. With the entry of private players, the competition is becoming intense. In order to satisfy the customer, every company is trying to implement a consumer behavior (CB) program.
Download or read book Perception on Privatisation of Insurance Sector in Rural India written by Lakshmipriya Soundararajan and published by LAP Lambert Academic Publishing. This book was released on 2013-01 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Indian insurance industry has taken a drastic transformation with the entry of private players who captured a significant market share (26.60 per cent) during 2005-06. The proposal to increase the FDI limit from 26per cent to 49per cent will further encourages the foreign companies to infuse fresh capital into the Indian insurance sector, thereby fueling more growth. Indian market is a practically untapped and therefore offers immense potential to all the players both new comers and old timers. Furthermore, the rise in purchasing power of people owing to high disposable income has also made the Indian market very attractive. The insurance companies today are leaving no stone unturned to entice the customers. Moreover, the competition has increased tremendously as growing number of competitors selling essentially the same products have entered the field from outside the traditional insurance industry. In such a competitive scenario the question arises on factors that decide the purchase of insurance products by an individual assumes paramount importance.
Download or read book Strategic Analysis on Consumer Behavior for Children Insurance Plan A Case Study of Rajasthan written by Prof. Devendra Pathak and published by . This book was released on 2014 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Government of India made history on October 24, 2000 by once again bringing back insurance business to private companies, which had earlier been abolished 24 years ago. The opening of the insurance sector was facilitated through the Insurance Regulatory and Development Authority (IRDA). Today, organizations are competing in complex business environments characterized by continuous changes in economic, social politico-legal and regulatory factors. The insurance sector along with other elements of marketing, as well as financial infrastructure, have been touched and influenced by the process of liberalization and globalization in India. The customer is the king in the market. Life Insurance companies deal in intangible products. With the entry of private players, the competition is becoming intense. In order to satisfy the customer, every company is trying to implement a consumer behavior (CB) program.
Download or read book Care Without Coverage written by Institute of Medicine and published by National Academies Press. This book was released on 2002-06-20 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many Americans believe that people who lack health insurance somehow get the care they really need. Care Without Coverage examines the real consequences for adults who lack health insurance. The study presents findings in the areas of prevention and screening, cancer, chronic illness, hospital-based care, and general health status. The committee looked at the consequences of being uninsured for people suffering from cancer, diabetes, HIV infection and AIDS, heart and kidney disease, mental illness, traumatic injuries, and heart attacks. It focused on the roughly 30 million-one in seven-working-age Americans without health insurance. This group does not include the population over 65 that is covered by Medicare or the nearly 10 million children who are uninsured in this country. The main findings of the report are that working-age Americans without health insurance are more likely to receive too little medical care and receive it too late; be sicker and die sooner; and receive poorer care when they are in the hospital, even for acute situations like a motor vehicle crash.
Download or read book Life Insurance Corporation of India written by Sumninder Bawa and published by . This book was released on 2007 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents Include : Introduction; Life Insurance : Review Of Studies Made; Methodology For Analysis; Performance Evaluation Of Life Insurance Corporation Of India; Productivity Of Life Insurance Corporation Of India; Investment Portfolio Of Life Insurance Corporation Of India; Impact Of Privatisation On The Performance Of Life Insurance Corporation Of India; Conclusions.
Download or read book Impact of Digital Marketing on Indian Rural Banking written by Dr Surabhi Singh and published by . This book was released on 2016 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent development has been taking place in Indian rural banks to increase the number of single window operations to avoid the harassment of different windows for their banking operations. The rural banks are taking lot of initiatives to change the attitude of their customers. This paper will provide insights to banks about the impact of digital efforts adopted by Indian Banks to enhance the customer experience and perception of banking services in Rural India. This study will help the marketer in understanding of how attitudes influence consumer behavior towards banking in Rural India. Attitudes are measured using the Likert's scale to understand how the consumers behave towards the banking product. The success of banks in rural area is unpredictable as rain. This is because, most of the banks extend marketing plans that they use in urban areas to rural market. There is emerging need of expertise in digital marketing of bank products. The study will identify the factors affecting the attitude of banks in rural India and will give the services overview of banks in rural India.
Download or read book An Evaluation of Life Insurance Business in India written by Dr. Anilkumar M and published by Lulu.com. This book was released on 2018-12-12 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Life Insurance is a means of protection against financial loss arising from death. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. An entity which provides insurance is known as an insurer, insurance company, or insurance carrier. A person or entity who buys insurance is known as an insured or policyholder. Everyone faces dangers and risks in daily life.
