ABSTRACT
This research work titled “Ensuring positive consumers
attitude towards insurable contract in Nigeria†Nigerians are easily
spurred into action only when they hear that an insurable disaster has befallen
on someone. In recent time, there has been proliferation of social clubs, some
of these clubs guarantee the payment of a fixed amount of money to the
dependents of a diseased member, experience has shown that these clubs make the
said payment with reasonable disputes on the death of a member, insurance
condition stresses the satisfaction of certain legal requirement and hence the
payment for sometime.
The aim of
this research work is to identify why the social economic value of insurance is
not easily appreciated by the general public, to identify the effect of moral
laxity on insurance practice, to examine the level of management of insurance
activities by the insurers, to identify why some insurance companies do not
settle claims on time. These are the areas that were concentrated while
carrying out this research. The first chapter contained the introductory part
of the study. It contained the background of the study, statement of problem
etc In the envisaged study, hypothesis was formulated to give direction of the
study. Data for the study was sourced fro two main sources. Primary and
secondary, extensive literature review was carried out on direct and indirect
literature on books, journals etc. The research instrument was used in this
research. The questionnaire was structure as to contain both open ended
question. Simple table, chi-square and was used in treatment of data. While
chi-square was used to test the hypothesis based on findings, conclusions,
recommendations was drawn in the last chapter of this researcher work.
Get the Complete Project Material Now!!!
