Professional Documents
Culture Documents
1.
Answer
1
2
Bar
Response
Yes
56
77%
No
17
23%
Total
73
Statistic
Value
Min Value
Max Value
Mean
1.23
Variance
0.18
Standard Deviation
0.43
Total Responses
73
2.
Answer
Bar
Response
It is too expensive
7%
50%
50%
14%
Value
Min Value
Max Value
Total Responses
14
3.
Answer
1
2
Bar
Response
LIC
38
68%
ICICI Prudential
16
29%
SBi life
13%
Tata AIG
9%
Birla sunlife
9%
Other
0%
Other
Statistic
Value
Min Value
Max Value
Total Responses
56
4.
Do you believe that your current insurance policy is adequate to your needs?
Statistic
Value
Min Value
Max Value
Mean
1.44
Variance
0.52
Standard Deviation
0.72
Total Responses
54
Answer
Response
Yes
37
69%
No
10
19%
I don't know
13%
Total
Bar
54
Statistic
Value
Min Value
Max Value
Mean
1.44
Variance
0.52
Standard Deviation
0.72
Total Responses
54
5.
What is the primary reason for your purchase of a life insurance policy
Answer
1
2
Bar
Response
28
50%
Tax Deductions
15
27%
Future Investment
13
23%
0%
Total
56
Value
Min Value
Max Value
Mean
1.73
Variance
0.67
Standard Deviation
0.82
Total Responses
56
6.
How did you fist come to know abut the policy(S) you bought ? select those
you own
Question
TV ad
Magazine
Broker
Total Responses
Mean
1
2
LIC
24
39
3.21
Sbi LIFe
20
2.45
ICIC life
13
29
2.48
Tata AIg
18
2.22
Birla sunlife
15
2.20
Statistic
LIC
Sbi LIFe
ICIC life
Tata AIg
Birla sunlife
Min Value
Max Value
Mean
3.21
2.45
2.48
2.22
2.20
Variance
1.38
2.47
2.40
1.71
2.17
Standard Deviation
1.17
1.57
1.55
1.31
1.47
39
20
29
18
15
Total Responses
7.
Answer
1
2
Bar
Response
14
25%
Broker
33
59%
Online
4%
Company Adviser
13%
Total
56
Statistic
Value
Min Value
Max Value
Mean
2.04
Variance
0.80
Standard Deviation
0.89
Total Responses
56
8.
Before buying the policy did you compare it with other products available in
the market
Answer
1
2
Bar
Response
Yes
27
49%
No
28
51%
Total
55
Statistic
Value
Min Value
Max Value
Mean
1.51
Variance
0.25
Standard Deviation
0.50
Total Responses
55
9.
Answer
1
2
3
Response
ULIP
21
38%
Term
13%
Endowment
17
30%
Money back
16%
4%
Total
Bar
56
Statistic
Value
Min Value
Max Value
Mean
2.36
Variance
1.54
Standard Deviation
1.24
Total Responses
56
10.
Please rank the following items (1-5) on their order of importance while
selecting an insurance plan 1 being most important and 5 being least
Answer
Total Responses
Low premium
13
16
26
10
18
55
12
Return on investment
11
55
13
13
55
Options of riders
19
21
55
13
11
22
55
Total
55
55
55
55
55
Statistic
Low premium
Return on investment
Options of riders
Min Value
Max Value
Mean
2.42
2.13
3.04
3.91
3.51
Variance
1.17
1.63
1.78
1.38
2.00
Standard Deviation
1.08
1.28
1.33
1.17
1.41
55
55
55
55
55
Total Responses
11.
Answer
Broker
on-line payment
17
30%
others
2%
Total
Bar
Response
13%
31
55%
56
others
agent
Statistic
Value
Min Value
Max Value
Mean
2.21
Variance
0.46
Standard Deviation
0.68
Total Responses
56
12.
Answer
1
2
Bar
Response
Agents
15
27%
Friends/family
14%
Product brochure
14
25%
Internet search
14
25%
Financial advisers
9%
Total
56
Statistic
Value
Min Value
Max Value
Mean
2.75
Variance
1.79
Standard Deviation
1.34
Total Responses
56
13.
Answer
Bar
Response
Phone call
Emails
10
18%
sms
Personal visits
Newsletters or mails
Total
56
9%
23
41%
14%
10
18%
Statistic
Value
Min Value
Max Value
Mean
3.05
Variance
1.69
Standard Deviation
1.30
Total Responses
56
14.
Based on the insurance policy you have please select the option that
matches with your view. In case of multiple insurance select the one with maximum
premium paid.
Strongly
Agree
Somewhat
Agree
Neither
Somewhat
Disagree
Strongly
Disagree
Total
Responses
Mean
Govt. companies are more trustworthy than private ones while thinking of investing in life
insurances
18
16
11
56
1.34
The terms and conditions are not transparent in an life insurance policy
10
25
10
55
1.40
I will buy non life insurance (car , house mediclaim) from my current insurance company if
they provides one
28
12
54
1.35
Question
13
28
56
1.16
13
18
19
55
1.29
16
13
52
1.71
12 This is/are the only life insurance company(S) I want to associate myself with in the future
33
10
56
1.18
17
15
11
53
1.74
21
16
12
54
1.80
Statistic
I discuss with
my spouse or
family before
buying a life
insurance
Investment in
life insurance
is more
secure than
mutual funds
I would
suggest
my friends
to buy life
insurance
I review
my
insurance
policy at
regular
intervals
i am very
confident that i
know enough
about my
insurance
policy
Min Value
Max Value
Mean
1.34
1.40
1.35
1.16
1.29
1.71
1.18
1.74
1.80
Variance
1.50
1.10
0.76
0.90
0.88
1.50
0.69
1.24
0.96
Standard
Deviation
1.23
1.05
0.87
0.95
0.94
1.23
0.83
1.11
0.98
56
55
54
56
55
52
56
53
54
Total
Responses
15.
Answer
9%
10,000- 20,000
26
47%
20,001 -30,000
14
25%
30,001-50,000
13%
5%
Total
Bar
Response
55
Statistic
Value
Min Value
Max Value
Mean
2.58
Variance
1.03
Standard Deviation
1.01
Total Responses
55
16.
Answer
1
2
Bar
Response
less than 25
12%
25 - 34
30
43%
35 - 44
17
25%
45 - 54
10
14%
55 - 64
6%
65 and over
0%
Total
69
Statistic
Value
Min Value
Max Value
Mean
2.59
Variance
1.13
Standard Deviation
1.06
Total Responses
69
17.
Answer
1
2
3
Bar
Response
Single
28
40%
Married
15
21%
27
39%
Total
70
Statistic
Value
Min Value
Max Value
Mean
1.99
Variance
0.80
Standard Deviation
0.89
Total Responses
70
18.
Answer
Bar
Response
Under 2,50,000
6%
2,50,0001-6,00,000
20
29%
600001-10,00,000
26
38%
above 10,00,000
18
26%
Total
68
Statistic
Value
Min Value
Max Value
Mean
2.85
Variance
0.78
Standard Deviation
0.89
Total Responses
68