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 99
- Downloads 0
The Organizational Culture of Gaza Strip Construction Companies
Organizational culture gives identity to an organization. Nowadays with the increasing of the internationalization of the construction industry, the organizational culture become more importance than any other times. The...
Classification of Arrhythmia from ECG Signals using MATLAB
An Electrocardiogram (ECG) is defined as a test that is performed on the heart to detect any abnormalities in the cardiac cycle. Automatic classification of ECG has evolved as an emerging tool in medical diagnosis for ef...
Follicle Detection in Digital Ultrasound Images using Bi-Dimensional Empirical Mode Decomposition and Mathematical Morphology
Ultrasound Imaging is one of the technique used to study inside human body with images generated using high frequency sounds waves. The applications of ultrasound images include examination of human body parts such as Ki...
Crowd Funding - A New Horizon
In present competitive world it is very difficult to give direction to your dream, thinking and ideas. The biggest hurdle is converting the idea in to reality is generating funds. Traditionally, entrepreneurs have relied...
Solar Irradiance Prediction using Neural Model
The accurate prediction of solar irradiation has been a leading problem for better energy scheduling approach. Hence in this paper, an Artificial neural network based solar irradiance is proposed for five days duration t...