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M.B.A 1ST
SECTION-B
ROLL NO-12097131
FINANCIAL PROTECTION AGAINST
LOSS AND HARM: AN AGREEMENT BY
WHICH A COMPANY GIVES CUSTOMER
FINANCIAL PROTECTION AGAINST
LOSS AND HARM SUCH AS THEFT OR
ILLNESS IN RETURN FOR PAYMENT
PREMIUM.
INTERPRETATION
Majority of the respondent (37%) found larger
risk coverage as the most attracted feature of
the all.
Minimum respondents (7%) opted for easy
access to agents.
INTERPRETATION
•78% of the people contacted prefer LIC policy to any other and
therefore it is ranked no.1 by that percent of respondents.
MONEY BACK POLICIES.
ULIP PLANS(UNIT LINK INSURANCE PLANES).
ENDOWMENT POLICIES.
CHILD PLANS.
DREAM PLANS.
CLASSIC LEAGUE PLANS(PENSION).
HEALTH BENEFIS.
FAMILY INCOME BENEFITS(FIB).
PLATINUM PLUS BY BIRLA SUN LIFE INSURANCE.
Demand for Pension Plans
Separateness of Banking and
Insurance
◦ Banc-assurance
Role of Information Techno-logy
Using Postal Network
Creating Insurance awareness
Innovative Products
NEED OF POLICY
NEED OF PAYBACKS
insurance.
To know the most preferred policy
To determine customers perception towards
private insurance companies and their
expectation form private insurance
companies.
To determine the feedback on services
insurance services.
1. As the people think that insurance is a tool to
protect their family & a tax saving device. They
are aware of the fact & realizing its,
importance. There is a large potential for
insurance in India.
2. The entrance of private players will increase