Conclusion Sample Public Survey of Products of Life Insurance Corporation of India-Resarch Methodology-Handout, Exercises for Research Methodology
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Conclusion Sample Public Survey of Products of Life Insurance Corporation of India-Resarch Methodology-Handout, Exercises for Research Methodology

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This lecture handout was provided by Ram Shankar Nikumbh at Agra University. It includes: Public, Survey, Products, Life, Insurance, Corporation, Respondents, Profile, Research, Analysis, Interpretation
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Microsoft Word - 9) CONCLUSION.doc

CONCLUSION

A Public Survey of Products of Life Insurance Corporation of India is

divided into five chapters.

I Introduction

II Respondents profile

III Research methodology

IV Data analysis and interpretation

V Conclusion and suggestions

 First chapter deals with introduction about A Public Survey of

Products of Life Insurance of India.

 Second chapter deals with respondent's profile.

 Third chapter is deals with the research methodology.

 Fourth chapter deals with data analysis and interpretation.

 Fifth chapter deals with conclusion.

Conclusion is divided into two parts i.e.

 Finding

 Suggestions

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On the basis of data analysis and interpretation findings

are as follows:

FINDINGS

 Most of the respondents are in the age group of 31-40.

 Majority of the respondents are male.

 23percent of the respondents are married and 27percent of the

respondents are unmarried.

 Majority of respondents are graduate.

 Maximum Number of respondents are permanent in their job.

 Maximum number of respondents belongs to public sector

 48percent of the respondents are insured their life from ICICI

and 52percent insured their life from LICI.

 64percent respondents influenced by insurance agent.

 84percent respondent have 3 policies in their life time.

 Most of respondents insured then self for saving covering risk

to life, for tax benefit, per security of family purpose.

 40percent respondents have money back policy.

 Maximum number of respondents have 6 to 10years of policy.

 Majority of the respondents have not received survival benefit

so for against money back policy.

 44percent respondent pay premium half yearly.

 10percent of the respondents policy lapsed due to non payment

of insurance premium.

 74percent of the respondents not received any kind of

insurance agent.

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 80percent of the respondents are aware about accidental claim.

 Most of the respondents aware about insurance bonus.

 6percent of the respondent surrendered their insurance

policies.

 Maximum number of the respondents agrees that insurance

staff is cooperative.

 Most of the respondents not avail the loan against insurance

policy.

 all the respondents agrees that life insurance corporation

follows the rules of IRDA.

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SUGGESTIONS

 life insurance corporation must advertise their life insurance

products.

 Life Insurance Corporation of India must aware the public about

loan availability against life insurance policies.

 Life Insurance Corporation of India must give information to

rural area people about different life insurance scheme.

 Corporation must give information about no conventional

policies i.e. Jivan Surbhi, etc.

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