AN APPRAISAL OF THE INSURANCE COMPANIES APPROACH TO CLAIM SETTLEMENT
ABSTRACT
The objective of this research work is to look into the performance of the Nigerian insurance industry viz a viz the procedure and approach to claim settlement. Individuals hold diverse opinion about this industry and the general impression is that the insurance industry has failed to win the confidence of the insuring public. Often times, people make remark such as “unwilling to settle claim but always willing to collect premium and use its small prints in the policy to decline its liability”. It is the belief about the industry is allowed to continue and not corrected that the industry will totally collapse and the after effect will be over bearing on the economy. When we consider the importance of insurance in the economic development of any nation, it is therefore the intention of the researcher to find out if this allegation is true or otherwise, proffer solution and make recommendation that will help to solve these problems.
CHAPTER ONE
1.1 Introduction
… This chapter will address the background information that motivated this study, the challenges that prompted it, its aim, and its objectives as a preface to subsequent sections of the study. Additional factors include the study's significance, scope, limitations, research questions and hypotheses, and the definition of technical terms.
CHAPTER TWO
2.0 Literature Review
2.1 Introduction
The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …
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TABLE OF CONTENTSPRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
- Background of Study 1
- 1.1 Statement of problem 3
- 1.2 Objective/Purpose of Study 4
- 1.3 Research Question 6
- 1.4 Significance Of Study 6
- 1.5 Scope & Limitations of Study 7
- 1.6 Definition of Terms 9
- Reference 13
- Literature Review 14
- 2.1 Historical Development of Insurance 15
- 2.2 Insurance Market 18
- 2.3 Benefits of Insurance 34
- 2.4 Classes of insurance 38
- 2.5 Claims Settlement 40
- 2.6 General Claims Procedure 42
- 2.7 Conditions under which Insurer may refuse to settle claims 46
- 2.8 Exception clauses relieving the Insurer from Liabilities when claim is filed. 48
- Reference 51
- 3.0 Methodology and Research Design 53
- 3.1 Sources of Data 55
- 3.2 Description of Population 55
- 3.3 Sampling Procedure 55
- 3.4 Instrument of Data Collection 56
- 3.5 Data collection Procedure 57
- 3.6 Statistical method of Analysis 57
- Reference 58
- Data Presentation and Analysis of Data 59
- Summary of findings/Recommendations and Conclusion 72
- 5.1 Summary of findings 72
- 5.2 Recommendation 73
- 5.3 Conclusion 75
- BIBLIOGRAPHY 77
- APPENDIX 83
Disclaimer for Complete Material Utilization
The displayed research work titled "An Appraisal of the Insurance Companies Approach to Claim Settlement" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
PRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
- Background of Study 1
- 1.1 Statement of problem 3
- 1.2 Objective/Purpose of Study 4
- 1.3 Research Question 6
- 1.4 Significance Of Study 6
- 1.5 Scope & Limitations of Study 7
- 1.6 Definition of Terms 9
- Reference 13
- Literature Review 14
- 2.1 Historical Development of Insurance 15
- 2.2 Insurance Market 18
- 2.3 Benefits of Insurance 34
- 2.4 Classes of insurance 38
- 2.5 Claims Settlement 40
- 2.6 General Claims Procedure 42
- 2.7 Conditions under which Insurer may refuse to settle claims 46
- 2.8 Exception clauses relieving the Insurer from Liabilities when claim is filed. 48
- Reference 51
- 3.0 Methodology and Research Design 53
- 3.1 Sources of Data 55
- 3.2 Description of Population 55
- 3.3 Sampling Procedure 55
- 3.4 Instrument of Data Collection 56
- 3.5 Data collection Procedure 57
- 3.6 Statistical method of Analysis 57
- Reference 58
- Data Presentation and Analysis of Data 59
- Summary of findings/Recommendations and Conclusion 72
- 5.1 Summary of findings 72
- 5.2 Recommendation 73
- 5.3 Conclusion 75
- BIBLIOGRAPHY 77
- APPENDIX 83
Disclaimer for Complete Material Utilization
The displayed research work titled "An Appraisal of the Insurance Companies Approach to Claim Settlement" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
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