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    Questionnaire LIC Project

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    KáúśtúbhÇóól
    The document appears to be a public survey questionnaire about Life Insurance Corporation (LIC) of India as an investment alternative. The questionnaire contains 30 questions across various sections seeking information on respondents' demographics, existing insurance policies, perceptions of LIC and other insurers, and preferences regarding investment alternatives. The goal seems to be understanding public sentiment regarding LIC and the insurance sector in India.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Questionnaire LIC Project

    Uploaded by

    KáúśtúbhÇóól
    23K views5 pages
    The document appears to be a public survey questionnaire about Life Insurance Corporation (LIC) of India as an investment alternative. The questionnaire contains 30 questions across various sections seeking information on respondents' demographics, existing insurance policies, perceptions of LIC and other insurers, and preferences regarding investment alternatives. The goal seems to be understanding public sentiment regarding LIC and the insurance sector in India.

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    LIC Project

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    The document appears to be a public survey questionnaire about Life Insurance Corporation (LIC) of India as an investment alternative. The questionnaire contains 30 questions across various sections seeking information on respondents' demographics, existing insurance policies, perceptions of LIC and other insurers, and preferences regarding investment alternatives. The goal seems to be understanding public sentiment regarding LIC and the insurance sector in India.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    23K views5 pages

    Questionnaire LIC Project

    Uploaded by

    KáúśtúbhÇóól
    The document appears to be a public survey questionnaire about Life Insurance Corporation (LIC) of India as an investment alternative. The questionnaire contains 30 questions across various sections seeking information on respondents' demographics, existing insurance policies, perceptions of LIC and other insurers, and preferences regarding investment alternatives. The goal seems to be understanding public sentiment regarding LIC and the insurance sector in India.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 5

    A PUBLIC SURVEY OF LIC AS AN INVESTMENT ALTERNATIVE

    “QUESTIONNAIRE”

    PART – A (Background Information)

    1. Name : _______________________________________________________________

    2. Age (In Years) : ________________

    3. Gender : a) Male b) Female

    4. Marital Status : a) Married b) Unmarried

    5. Educational Qualifications :

    a) Illiterate b) Below Matric

    c) Matric d) Graduate

    e) Post-Graduate f) other (specify): _____________

    6. Source of earning :

    a) Student b) Service

    c) Self-employed d) other (specify): ____________

    7. Family Income :

    a) Below 1 Lac b)1 Lac to 5 Lac

    c) 5 Lac to 10 Lac d) More than 10 Lac

    Please Turn Over


    A PUBLIC SURVEY OF LIC AS AN INVESTMENT ALTERNATIVE

    PART – B

    1. Do you have any Insurance Policy?

    a) Yes b) No

    2. Which Insurance Policy do you have?

    a) Life b) Non-Life c) Both

    3. Which company’s Insurance Policy do you prefer the most? [Rank from 1 to 5]

    a) LIC

    b) ICICI Prudential

    c) Bajaj Allianz

    d) Reliance Life Insurance

    e) TATA AIG Life

    4. What according to you are the benefits of Insurance Policy? [Rank from 1 to 3]

    a) Covers future uncertainty

    b) TAX Deductions

    c) Future investment

    5. Which features of your Insurance Policy attracted you to buy it? [Rank from 1 to 5]

    a) Low Premium

    b) Larger risk coverage

    c) Money-Back Guarantee

    d) Reputation of the firm

    e) Easy access to the agents


    6. What is your perception about Insurance? [Rank from 1 to 3]

    a) a saving tool b) a tax saving instrument

    c) a tool to protect future

    7. How would you rate your current policy?

    a) Excellent b) Good

    c) Average d) Bad

    8. According to you which is the best form of Investment?

    a) Real estate/Properties b) Post-Office Savings

    c) Bank Deposits d) Public Provident Funds (PPFs)

    e) Securities i.e. Shares, Bonds, MFs. e) Insurance

    9. What do you intent to gain from the Investments?

    a) Savings & Returns b) Security

    c) Tax Benefits

    10. From which sector you have insured?

    a) Public b) Private

    11. Who influenced you to get insured?

    a) Insurance agent b) Electronic Media

    c) Print Media d) Friends & Relatives

    12. How many insurance policies do you have?

    a) upto 3 b) 4 to 6

    c) More than 6

    13. Which of the following policies do you have?

    a) Endowment Policy b) Single Premium Policy

    c) Children Policy d) Pension Plan Policy

    e) Money-Back Policy e) Any other________________


    14. What is the term of the policy?

    a) Up to 5 Years b) 6 to 10 Years

    c) 11 to 15 Years d) 16 to 20 Years

    e) More than 20 Years

    15. How would you like to pay the premium?

    a) Monthly b) Quarterly

    c) Bi-Annually d) Annually

    16. Are you regularly paying the premium?

    a) Yes b) No

    17. Has your policy lapsed anytime due to non-payment of insurance premium?

    a) Yes b) No

    18. Are you aware about the Insurance Bonus of the policies?

    a) Yes b) No

    19. Have you received any incentive from insurance agent on insurance premium?

    a) Yes b) No

    20. If Yes, what was the percentage?

    a) 10% to 25% b) 26% to 50%

    c) More than 50%

    21. Have you availed any loan against Insurance?

    a) Yes b) No

    22. Do you find the staff/agents are cooperative?

    a) Yes b) No
    23. What percentage of your monthly salary do you save?

    a) Up to 10% b) 11% to 20%

    c) 21% to 30% d) More than 30%

    24. What kind of investment do you prefer?

    a) Short Term b) Long Term

    25. Does your Insurance provider has complex formalities/set of procedures?

    a) Yes b) No

    26. What is your overall perception about LIC India?

    a) Positive b) Negative

    27. Policies provided by LIC India are superior to OR more attractive than Private insurance
    companies?

    a) Strongly agree b) Agree

    c) Neither agree nor disagree d) Disagree

    e) Strongly disagree

    28. Entry of private companies has widened the scope of Insurance sector in India?

    a) Yes b) No

    29. Entry of private companies has affected business of public companies?

    a) Yes b) No

    30. Main reason for sticking to your Insurance Provider is?

    a) Quality b) Low Premium

    c) Better Services d) Better Terms

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