A Study on Factors Influencing Customers to Prefer the Policies of Life Insurance of India in Palakkad District
Journal Title: International Journal of Engineering and Management Research - Year 2018, Vol 8, Issue 4
Abstract
The policyholders once when they become a part of the LIC feel free about the safety of their wards since it takes care of fixed financial benefits based on the premium and the type of the policy the opted for . The families of the nonpolicyholders meet out uncertainty in many cases. So, there is an attraction towards life insurance and concern and awareness about the industry is also improving. People who care much about them and their families hold life insurance. The tastes and preferences of policyholders not the same. The LIC of India has been introducing variety of policies based on the preferences of the policyholders. It is observed that many policyholders have taken more than one policy based on their job nature and family members interest. It is a clear indication that they are very much interested in utilizing maximum benefits from Insurance companies. Some people give due importance to money value and high returns on their investments. But greater risks are inherent advantages expected from LIC products. The present study emphasis the factors influencing customers to prefer the policies of life insurance of India in Palakkad District.
Authors and Affiliations
Praseeja P, Dr. N. Shanmughavadivu
Keywords
Related Articles
- EP ID EP590408
- DOI 10.31033/ijemr.8.4.23
- Views 131
- Downloads 0
Evaluation of Logistic Performance Index of India in the Indian Postal Services
The importance of efficient logistics for postal growth is widely acknowledged. Literature has shown that better logistics performance is strongly associated with postal expansion, export diversification, ability to attr...
Experimental Investigation of the Effects of Electrode Shape on ECSM Performance during Machining of Alumina Ceramics
Advanced ceramic material like alumina ceramic is continuously gaining the industrial acceptance in various applications such as cutting tools, electrical and thermal insulators, turbine blades, electronic devices etc. d...
Design and Fabrication of Project on Water Bodies Cleaning Robot
This project emphasis on design and fabrication of the river waste cleaning machine. The work has done looking at the current situation of our national rivers which are dump with crore liters of sewage and loaded with po...
Physiochemical Properties and Meat Quality Parameters of Wild Boar Meat: A Review
Wild boar meat has well balanced with nutrients and comprised with unique sensory attributes and meat quality parameters, however, limited information and studies have been performed on nutritional quality and meat quali...
A Proposed Reading Program for Secondary School Students
This proposed program presents a background of reading competencies, application of consistent methodological standards and technology-assisted programs. Several researches have quoted the arising complication in the edu...