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Paper Title:
Insurers` Preference for Insurances: Differential Analysis of Public and Private Sector Insurers’ Perception for the Public and Private Sector Insurance Companies
The principle objective of this research work focuses on identifying the significant determinants that drive or insists the need and demand of the insurance products among the customers. In successive objective study also attempts to identify the impelled reasons for customers of insurance products and services that utterly influence them to buy a particular insurance. For attainment of both comparative analysis centric objectives, 400 insurance customers of both Public Sector (163, 40.75%) and Private Sector (237, 59.25%) Insurance companies were selected as sample population. It was noticed that the determinants such as brand image of company, relationship and persuasiveness of the agent and recommendation or preferences of the friends and family are the significant determinants and utterly drives the customers to buy the insurance products from particular insurance company.
Keywords:
Insurance, Public and Private Sector Insurance Companies, Insurance Product and Services, Insurance Determinants, Insurance Agents
Cite Article:
"Insurers` Preference for Insurances: Differential Analysis of Public and Private Sector Insurers’ Perception for the Public and Private Sector Insurance Companies", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2456-3315, Vol.7, Issue 6, page no.179 - 184, June-2022, Available :http://www.ijrti.org/papers/IJRTI2206032.pdf
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ISSN:
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator