Journal of Management Research and Analysis

Print ISSN: 2394-2762

Online ISSN: 2394-2770

CODEN : JMRABX

Journal of Management Research and Analysis (JMRA) open access, peer-reviewed quarterly journal publishing since 2014 and is published under auspices of the Innovative Education and Scientific Research Foundation (IESRF), aim to uplift researchers, scholars, academicians, and professionals in all academic and scientific disciplines. IESRF is dedicated to the transfer of technology and research by publishing scientific journals, research content, providing professional’s membership, and conducting conferences, seminars, and award programs. With more...

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Original Article


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15-20


Authors Details

Ritu Gangil*, Swati Vishnoi


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Customer perception towards general insurance: A factor analysis approach


Original Article

Author Details : Ritu Gangil*, Swati Vishnoi

Volume : 7, Issue : 1, Year : 2020

Article Page : 15-20

https://doi.org/10.18231/j.jmra.2020.005



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Abstract

With the increase in risk there is need of insurance to bear the losses. Insurance is the instrument used as the financial protection against various contingency. This paper examines the customer perception towards the General Insurance. A study had been conducted at Gwalior region with the sample of 200 respondents to find out the perception of the customer (policyholders). In this context, the respondents’ opinion on the various related statements were collected with a5 point scaling. Reliability, Factor analysis, multivariate technique had been applied on the data. The result concluded that loyalty, transparency, proficiency, reliable and convenient services are the five factors from the 18 statements on the basis of the expectation of the customers. This study signifies that various customer had different expectation from the insurance company in the studied area.

Keywords: Insurance market, General insurance, Customer perception.


How to cite : Gangil R, Vishnoi S , Customer perception towards general insurance: A factor analysis approach. J Manag Res Anal 2020;7(1):15-20

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