Assessment of Consumer Perceptions of Postal Life Insurance (With Particular Reference to Madurai, Tamilnadu State)

Finding out how consumers feel about postal life insurance is the aim of this study. The research paper "Study On Customers Perception Towards Rural Postal Life Insurance Policy Special Reference To Manjeri Head Post Office" by Dr. P Kannan and Mrs. Aneesath.M., which was published in the "International Journal of Research in Social Sciences Vol. 9 Issue 4(1), April 2019, ISSN: 2249-2496," served as the basis for this investigation. The consumers of Tamilnadu State's Madurai City are the subject of this study. Using a random selection technique, 100 responders were chosen from Madurai City's numerous post offices. The study's findings indicate that, although often using other program benefits, most consumers are unaware of the postal life insurance program. Among those who are aware lack of interest is a common tendency when buying PLI since they are not fully aware of its advantages due to a lack of publicity, poor advertising, and an indifferent consumer interaction policy.

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Publication Details

Journal
International Journal For Multidisciplinary Research
Published
2024-12-12
DOI
https://doi.org/10.36948/ijfmr.2024.v06i06.32891
Primary Topic
Insurance and Financial Risk Management
Type
article
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article

Assessment of Consumer Perceptions of Postal Life Insurance (With Particular Reference to Madurai, Tamilnadu State)

Mrs. GNANASOUNDARI B -, JAFERSADHIQ A -
International Journal For Multidisciplinary Research
Insurance and Financial Risk Management
article

Assessment of Consumer Perceptions of Postal Life Insurance (With Particular Reference to Madurai, Tamilnadu State)

Mrs. GNANASOUNDARI B -, JAFERSADHIQ A -
article en

Abstract

Finding out how consumers feel about postal life insurance is the aim of this study. The research paper "Study On Customers Perception Towards Rural Postal Life Insurance Policy Special Reference To Manjeri Head Post Office" by Dr. P Kannan and Mrs. Aneesath.M., which was published in the "International Journal of Research in Social Sciences Vol. 9 Issue 4(1), April 2019, ISSN: 2249-2496," served as the basis for this investigation. The consumers of Tamilnadu State's Madurai City are the subject of this study. Using a random selection technique, 100 responders were chosen from Madurai City's numerous post offices. The study's findings indicate that, although often using other program benefits, most consumers are unaware of the postal life insurance program. Among those who are aware lack of interest is a common tendency when buying PLI since they are not fully aware of its advantages due to a lack of publicity, poor advertising, and an indifferent consumer interaction policy.

International Journal For Multidisciplinary ResearchVol. 6(6)
No poverty, Decent work and economic growth
Openalex Percentile: Top 72%
Insurance and Financial Risk Management
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