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Deepak Savadiya Roll No

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INSTITUTE OF BUSINESS

MANAGEMENT & RESEARCH


PROJECT REPORT
ON
MARKETING OF LIFE INSURANCE
PRODUCT

Savadiya Deepak Ishvarbhai Roll no.117 Div - c


RATIONALE OF STUDY

 Insurance is a booming Sector

 To learn and understand consumer


behavior in insurance industry
OBJECTIVE OF STUDY

To learnt the marketing skills required in


selling of insurance products
To observe the organizational culture
To observe the consumer buying behavior
To inculcate the marketing skills
EXPECTED CONTRIBUTION

 Company will be benefited by the findings of


the research

Management students can use it for further


research in the same area
RESEARCH METHODOLOGY
TYPE OF RESEARCH

DESCRIPTIVE RESEARCH
Source of data

 For this analysis I used primary


and secondary data to come an a
particular conclusion.
Instrument for data collection

Questionnaire
Interviews
Websites
Time Taken

Total duration of project – 6 weeks


Field work – 5 weeks
Time taken for report prepration – 1
week
Field Work

 My profile was totaly personal selling so,


for the complition of my target I went in the
market and tried to convince the people.
Data Analysis

Response
(30% positive,50% negative,20% neutral)

Consideration
(43% tax saving tool,52% future securing,5%
saving & investment)
Limitation
Lack of awareness
Unsought good
Time constraint
Limited products
Finding

Dissatisfaction

Policies are rigid

Bright opportunities are there


Suggestion

(1) Company should arrange some promotional


campaign for the awarness.

(2) The Quality training should be provided


by the company.

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