THE GOAL OF EFFECTIVE MANAGEMENT OF LIFE ASSURANCE IN NIGERIA INSURANCE INDUSTRY
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content:
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
This research report examines the goal of effective management of life assurance product in Nigeria insurance industry; focusing on Lagos metropolis. The objectives of the study were identified which includes to know the important benefits of life assurance business in Nigerian economy; to evaluate claims procedures in life assurance business; upon these objectives, the research questions were formulated, the significance of the study evaluated and the scope and limitation identified. The literatures relating to the topic under review. The researcher used both the primary and secondary source as the source of data, the sample and population of study ascertain, questionnaire and oral interview were the major instrument used for data collection. From the analysis and interpretation of the data collected the researcher found out that the image of insurance industry in Nigeria is retarded because of their inability of settle claims promptly and that life assurance helps to reduce the growth level of economic insecurity in the country. Claims handling procedures should be promptly managed to avoid deficiency in organization’s operational objectives, and lastly, Government should ammonize their resources and technical knowhow with the Nigerian insurance industry in ensuring that insurance claims are well designed to curtail fraudulent claims experienced in the past.
Related Project Materials
Evaluation of Financial Planning Practices in SMEs in Adamawa State
Background of the Study
Financial planning is critical for the success of Small and Me...
APPRAISAL OF THE CONTEMPORARY JURISPRUDENCE ON THE RIGHT TO ENVIRONMENT: A CASE STUDY OF NIGERIA AND SOUTH AFRICA
ABSTRACT
The study explores environmental rights protection in Nigeria and South Africa. The research questions are: Are the identified e...
The effect of geopolitical divisions on educational development in Ilorin East Local Government Area, Kwara State
Background of the Study
Education is a fundamental driver of socio-economic development, and its effectiveness is often shaped by the geopol...
An Assessment of Community-Led Initiatives in Peacebuilding: A Case Study of Takum Local Government Area, Taraba State
Background of the Study
Community-led peacebuilding initiatives have become essential in conflict-prone...
SPORT BETTING AND INFLUENCE ON NIGERIAN YOUTHS (A CASE STUDY OF SELECTED YOUTHS IN WARRI)
INTRODUCTION
-
- BACKGROUND OF STUDY ...
Read moreAn Examination of Historical Language Shift Among Minority Groups in Nigeria
Background of the Study
Nigeria’s linguistic landscape is marked by the coexistence of over 500 lan...Read moreAn Investigation of the Maintenance Culture of Public Hospitals in Nasarawa State
Background of the Study
Public hospitals play a crucial role in delivering healthcare services, particularly in developi...
Read moreThe Role of Broadcasting in Combating Malaria Awareness: A Study of Sabon Gari Local Government Area, Kaduna State
Chapter One: Introduction
1.1 Background of the Study
Malaria remains a significant public health challenge in Nigeria, particu...
Read moreTHE ROLE OF EARLY CHILDHOOD EDUCATION IN FOSTERING ENVIRONMENTAL STEWARDSHIP
ABSTRACT: The role of early childhood education in fostering environ...
Read moreBENEFITS OF EARLY CHILDHOOD EDUCATION IN REDUCING BULLYING
ABSTRACT: This study explores the benefits of early childhood education (ECE) i...
Read more
