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Customer Perception

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Q1

A STUDY ON CONSUMER BEHAVIOUR TOWARDS ENDOWMENT POLICY OF LIFE INSURANCE CORPORATION OF INDIA AT PERAMBALUR DISTRICT
QUESTIONNAIRE
I. DEMOGRAPHIC PROFILE 1. Name (Option) 2. Age : : Below 20 51 – 60 3. Sex 4. Level of Education : : Male 21 to 30 31 to 40 41 to 50

61 and above Female Graduate Professional

Below School level Post Graduate

5. Marital status 6. Monthly Income

: :

Married

Unmarried Rs.5001-10000 Rs.15001-20000

Below Rs.5000 Rs.10001-15000 Rs.20001 & above

7. Type of Family 8. Occupational status

: :

Joint Government Student

Nuclear Private Housewife Business Farmers

II. FACTORS INFLUENCING POLICY HOLDERS 1. Reasons for preference of LIC? Reliability Financially sound Customer oriented Well managed Other facilities New schemes cum attractive bonus Savings 2. Level of awareness of the various types of Endowment plans in LIC? Very High High Moderate Low Very Low

Q2

3.

The source of buying Endowment Policy? Agent Development officer Direct

4.

Number of Endowment Polices taken so far? One Two Three More than Three

5.

Periodicity for payment of Premium? Monthly Quarterly Half Yearly Yearly

6. S. No.

Which type of Endowment policy you have chosen? Specify the year/period? Sum Annual Assured/Period Premium Mode of pay Monthly/Quarterly/ Half-yearly/Annually

Endowment plans New Janaraksha Jeevan Anand Endowment with profits Marriage Endowment / Education Annuity with profits Jeevan Chhaya Limited Payment with profits Jeevan Saathi

7.

What is the total amount of insurance coverage of your policy? Below Rs.1,00,000 Rs.3,00,001-4,00,000 Rs.1,00,001-2,00,000 Rs.4,00,001 & above Rs.2,00,001-3,00,000

8.

What is the Primary objective of choosing this Endowment policy? Life Risk Cover Savings / Investments Children’s Future Tax saving Education Marriage

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