A Multidisciplinary Research Journal - Devanga Arts College
A Multidisciplinary Research Journal - Devanga Arts College
A Multidisciplinary Research Journal - Devanga Arts College
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Less than<br />
5years<br />
35 70.0 70.0<br />
perent<br />
70.0<br />
5-10 years 11 22.0 22.0 92.0<br />
More than 10<br />
years<br />
4 8.0 8.0 100.0<br />
Total<br />
Source: Primary data<br />
50 100.0 100.0<br />
It is inferred from the table that out of 50 respondents,70 percent of the respondents are<br />
taking the bajaj allianz policy for less than 5 years.Only 4 perent of the respondents taking the<br />
insurance policy for more than10 years.<br />
MOTIVES FOR TAKING THE POLICE<br />
For choosing any product/service, there must be some motivating factor.Similarrly for<br />
choosing the bajaj allianz insurance police; there must be some motivating factors<br />
Such as security, high returns, savings, attractive bonus.The factors that motivated the<br />
respondents are given below.<br />
TABLE 8-MATIVATING FACTORS<br />
Matives Frequency Percent Valid Percent Cumulative<br />
Percent<br />
Savings 9 18.0 18.0 18.0<br />
High return 34 68.0 68.0 86.0<br />
Attractive 1 2.0 2.0 88.0<br />
Bonus<br />
Security 6 12.0 12.0 100.0<br />
Total 50 100.0 100.0<br />
Source: Primary data<br />
It clear from the table 5, 18% of the respondents are investing their money for saving<br />
purpose only. 68% of the respondents are investing their money for high return.2% of the<br />
respondents are attractive bonus in Bajaj Allianz and 6% of the respondents are investing their<br />
money for security.<br />
TABLE 9- CUSTOMER INVESTING THEIR FINANCE OTHER INSURANCE<br />
COMPANY<br />
Frequency Percent Valid Percent Cumulative<br />
Percent
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