The Adoption and use of Covid-19 Related Insurance Policies in Kerala: An Exploratory Study


Authors : SANJAY M; K CHANDU KRISHNAN

Volume/Issue : Volume 7 - 2022, Issue 3 - March

Google Scholar : https://bit.ly/3IIfn9N

Scribd : https://bit.ly/3k83QGZ

DOI : https://doi.org/10.5281/zenodo.6486784

Abstract : Insurance can help people from the uncertainty and potential loss by providing vital - protection. When there is a disaster, an insurance plan can provide consumers with the financial support they need. Without it, many individuals could even face bankruptcy. During the Covid-19 the major insurance companies have launched several health-related policies for the benefit of the people in order for protecting their health and lives. We are mainly considering two major insurance providers namely Life Insurance Corporation and Bajaj Life Insurance as the insurance companies to know the extent of adoption and use of Covid-19 related policies. The main reason behind selection of this topic is of the fact that Insurance sector are considered to be one of the important sectors of the economy. The insurance sector services are vital because of its contribution to social development.

Keywords : Insurance Sector, Covid-19, LIC, Bajaj, Satisfaction level of Customers, Services and Products Offered by Insurance Companies.

Insurance can help people from the uncertainty and potential loss by providing vital - protection. When there is a disaster, an insurance plan can provide consumers with the financial support they need. Without it, many individuals could even face bankruptcy. During the Covid-19 the major insurance companies have launched several health-related policies for the benefit of the people in order for protecting their health and lives. We are mainly considering two major insurance providers namely Life Insurance Corporation and Bajaj Life Insurance as the insurance companies to know the extent of adoption and use of Covid-19 related policies. The main reason behind selection of this topic is of the fact that Insurance sector are considered to be one of the important sectors of the economy. The insurance sector services are vital because of its contribution to social development.

Keywords : Insurance Sector, Covid-19, LIC, Bajaj, Satisfaction level of Customers, Services and Products Offered by Insurance Companies.

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