Submitted to: Prof. L Shridharan
By:
Ambika Singh 09BSHYD0068
Debasmita Chakraborty 09BSHYD0239
Gagandeep Singh Gujral 09BSHYD0276
Meenakshi Sharma 09BSHYD0447
Pratul Yadav 09BSHYD0582
Tanuj Thakker 09BSHYD0776
Section: B Semester: II
TABLE OF CONTENTS * ACKNOWLRDGEMENT ……………………………………………………….. .. 3
* BACKGROUND……………………………………………………………………. 4
* RESEARCH METHODOLOGY…………………………………………………. 10
* QUESTIONNAIRE…………………………………………………………………. 12
* QUESTIONNAIRE ANALYSIS…………………………………………………... 15
* DATA ANALYSIS………………………………………………………………….. 22
* FACTOR ANALYSIS……………………………………………………………… 22
* CLUSTER ANALYSIS……………………………………………………………… 32
* CONCLUSION………………………………………………………………………. 39
ACKNOWLEDGEMENT
Behind every achievement lies an unfathomable sea of gratitude to those who had extended their support and without whom it would never had come into existence. To them we say our words of gratitude.
We somehow feel that had if we not had the guidance from certain people along the way, we would have gotten lost in an abyss of confusion. So, it was with a heart filled with gratitude that we acknowledge their assistance.
We would like to thank Prof. L. Shridharan who was the source of constant guiding light throughout the project. He has always motivated us to put our best foot forward by setting high standards for us. He directed us from the scratch how to make the report. Most importantly, we thank him for giving us this project as it was a good learning experience.
BACKGROUND OF INSURANCE INDUSTRY
Insurance may be described as a social device to reduce or eliminate risk of loss to life and property. Under the plan of insurance, a