ROLE OF CLAIMS SETTLEMENTS IN THE GROWTH OF AN INSURANCE COMPANY

  • Type: Project
  • Department: Insurance
  • Project ID: INS0048
  • Access Fee: ₦5,000 ($14)
  • Chapters: 5 Chapters
  • Pages: 65 Pages
  • Format: Microsoft Word
  • Views: 961
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BACKGROUND OF THE STUDY

Insurance is a unique industry and one of the contributing tractors to its uniqueness is the product on the insurer that is, the promise to indemnity at a future date, is tangible. It has been generally accepted that insurance industry exist to guarantee the continued existence of other industries (Mehr and Camack (1976).

As an illustration if a factory that is insured is destroyed, insurers will indemnify the insured by replacing or reinstating the factory thereby guaranteeing the continued existence of the factory. The reputation of any insurance company depends to a large extend on the sort or claims services provided by that insurance company to its policyholders.A company may be run very efficiently and soundly in every respect, its policies may be delivered promptly and renewals handle efficient claims department may ruin the reputation of the insurance company (OJUKWU 2006: 32).

ROLE OF CLAIMS SETTLEMENTS IN THE GROWTH OF AN INSURANCE COMPANY
For more Info, call us on
+234 8130 686 500
or
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  • Type: Project
  • Department: Insurance
  • Project ID: INS0048
  • Access Fee: ₦5,000 ($14)
  • Chapters: 5 Chapters
  • Pages: 65 Pages
  • Format: Microsoft Word
  • Views: 961
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    Details

    Type Project
    Department Insurance
    Project ID INS0048
    Fee ₦5,000 ($14)
    Chapters 5 Chapters
    No of Pages 65 Pages
    Format Microsoft Word

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