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A Study on Policyholder’s Satisfaction with Special Reference to Life Insurance Corporation of India at Chennai District

Issue Abstract

Abstract 
The business of insurance is related to the protection of the economic value of assets. Every asset has a value. The
assets have been created through the efforts of the owner who expects to get value out of them, when unexpected
events take place. The benefits may be in the form of compensation. Insurance is a mechanism that helps to
reduce the effects of adverse situations and indemnity to the insured for any loss incurred. Insurance is a social device where by the risks of individuals may be minimized and security is provided to them by the insurance companies either one time contribution or periodical contributions. This study is fully concerned with policyholder’s satisfaction with special reference to Life Insurance Corporation in India at Chennai district. The study will be able to reveal the preferences, needs, satisfaction of the customers regarding the insurance services, It also help insurance to know whether the existing products or services are offering really satisfying the customers' needs..   
Keywords: Insurance, Assests Value, Policy. 


Author Information
Pradeepa Prabhakaran
Issue No
10
Volume No
3
Issue Publish Date
05 Oct 2017
Issue Pages
40-47

Issue References

References

1) Principles of Insurance - Publisher : Insurance  institute of India Universal Insurance Building, Sir Pherozshah Mehta Road, Mumbai  
2) 01,/2007
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4) Practice of Life Assurance : Publisher : Insurance institute of India Universal Insurance Building, Sir Pherozshah Mehta Road, Mumbai 01,/ 2006 
5) Insurance Principles and Practice (2006) M. N. Mishra, S. Chand and Company Ltd., New Delhi. Pp. 12-34. 
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