CHAPTER 4 ANALYSIS AND INTERPERETATION TABLE 4.

SEX Male Female Total

NO.OF RESPONDENTS 18 32 50

PERCENTAGEOF RESPONDENTS 36% 64% 100%

THE TABLE SHOWING GENDER PERCENTAGE OF THE RESPONDENTS

Inference: From the above table it can be perceived that the 36.00 % of the population is Male while the remaining 64.00% are Female.

CHART 4.1 THE CHART SHOWING GENDER PROPORTION OF THE RESPONDENTS

TABLE 4.2 THE TABLE SHOWING AGE GROUP OF THE RESPONDENTS

FACILITIES FOR EMPLOYEES WASHING FACILITIES CANTEEN FACILITIES CRECHE FACILITIES MEDICAL FACILITIES Total

NO.OF RESPONDENTS 6 12 0 32 50

PERCENTAGE OF ESPONDENTS 12% 24% 0% 64% 100%

Inference: The table indicates that the 31.9% of the population is belongs to the age group of 36-45 and 29.1% of the population is from the category of 26-35. 22.5% of the population is from the age group of Above 45 while the remaining from 18-25.

CHART 4.2 THE CHART REPRESENTING AGE GROUP OF THE RESPONDENTS

TABLE 4.3

THE TABLE SHOWING THE MARITAL STATUS OF THE RESPONDENTS

WAGES AS PER BASIC YES NO Total

NO.OF RESPONDENTS 50 0 50

PERCENTAGE OF RESPONDENTS 100% 0% 100%

Inference The table shows that 73.3%, the major proportion of the population is married and the other 26.7% are Unmarried.

CHART 4.3

THE CHART SHOWING THE MARITAL STATUS OF THE RESPONDENTS

TABLE 4.4

THE TABLE SHOWING NATURE OF THE RESPONDENTS

SPECIAL WELFARE 1-2 WEEK 2-3 WEEK 3-4 WEEK TOTAL

NO OF RESPONDENTS 29 10 11 50

PERCENTAGE OF RESPONDENTS 58% 20% 22% 100%

Inference: It can be deducted from the table that the Sample population is consist of 43.3% of the Private employees and 30.8% of Government employee while the Professionals occupy 10% and the Business people contribute 6.8% to the sample population. Agriculture and others are contributing 5.8% and 3.3% respectively.

CHART 4.4 THE TABLE SHOWING NATURE OF THE RESPONDENTS

TABLE 4.5
FRIENDLY IN NATURE & EASY APPROCHABLE YES NO TOTAL NO OF RESPONDENTS 45 5 50 PERCENTAGE OF RESPONDENTS 90% 10% 100%

THE TABLE SHOWING INCOME OF RESPONDENTS

Inference: The table suggests that the 15.1% of the population is earning more than 10 lakhs and 18.35 of them have income of 5-10 lakhs. The maximum 40% of them are earning less than 1 lakhs per annum.

CHART 4.5 THE CHART REPRESENTING INCOME OF RESPONDENTS

CHART 4.6 THE CHART INDICATING THE PERCENTAGE OF SAVINGS OF RESPONDENTS

GOOD RELATIONSHIP WITH CO-WORKERS YES NO TOTAL

NO OF RESPONDENTS 50 0 50

PERCENTAGE 100% 0% 100%

Inference: The table is clearly pointing out that the poor saving habit of the Indian with the example from the sample population which shows 47% of them are saving 5-10% of their Income while nobody of them are saving more than 15% of their income.

CHART 4.6 THE CHART INDICATING THE PERCENTAGE OF SAVINGS OF RESPONDENTS

TABLE 4.7 THE TABLE SHOWING THE REASON FOR INVESTMENT

TRANSPORT FACILITIES YES NO TOTAL

NO OF RESPONDENTS 50 0 50

PERCENTAG E 100% 0% 100%

Inference:

Returns play a major role in taking investment decision which can be inferred from the table with 81% of the sample preferred it. Other factors occupy the second position with preference level of 37% while capital appreciation comes at the last position with 21% which clearly replicates the investment attitude of the Indian small investors.

CHART 4.7 THE CHART SHOWING THE REASON FOR INVESTMENT

TABLE 4.8
SUITALBE VENTILATION YES NO TOTAL NO OF RESPONDENTS 25 25 50 PERCENTAGE 50% 50% 100%

PLANS PREFERED BY POLICYHOLDERS

Inference: The table indicates that 72.5% of the population preferred savings plan and 46.6% of them liked retirement plan while child plan is least preferred by 18.3% of the sample population.

CHART 4.8

THE CHART POINTING PLANS PREFERRED BY POLICYHOLDERS

TABLE 4.9 THE TABLE SHOWING NO.OF YEARS THE RESPONDANTS

CLEANING THE WORK PLACE REGULARALY YES NO TOTAL NO OF RESPONDENTS 50 0 50 PERCENTAGE OF RESPONDENTS 100% 0% 100%

BEING THECUSTOMERS OF RELIANCE LIFE INSURANCE

Inference: Out of the sample population, 57% of the respondents are being the customers of RELIANCE LIFE INSURANCE for more than 6 years and 23% of the

respondents are being the customers for 2-4 years while 4% of them are between 0-2 years.

CHART 4.9 THE CHART SHOWING NO. OF YEARS THE RESPONDANTS BEING THECUSTOMERS OF RELIANCE LIFE INSURANCE

TABLE 4.10

THE TABLE SHOWING THE PERCENTAGE OF SUM OF AMOUNT INSURED

SATISFACTORY LEVEL OF WELFARE MEASURES HIGHLY SATISFIED SATISFIED DIS-SATISFIED TOTAL

NO OF RESPONDENTS 30 5 15 50

PERCENTAGE OF RESPONDENTS 60% 10% 30% 100%

Inference: The table shows the sum of amount insured by the respondents. 43.35% of the sample size has insured for more than 10000 Rs and 22.5% of them have taken it for maximum 6000 Rs while the least amount 3000 is insured by 15.1% of the population.

CHART 4.10 THE CHART SHOWING THE PERCENTAGE OF SUM OF AMOUNT

INSURED

TABLE 4.11

THE TABLE SHOWING THE PERCENTAGE OF TENURE OF THE POLICY

WELFARE BENIFITIS PROVIDE BY THE ORGINASATON AGREE DISAGREE TOTAL

NO OF RESPONDENTS 35 15 50

PERCENTAGE OF RESPONDENTS 70% 30% 100%

Inference:

The table is stating the tenure of the policies taken by the sample population in which 47.5% of the policies are for the period of 15 years and 24.2% of them are for 10 years and the remaining for 5 years.

CHART 4.11 THE CHART SHOWING THE PERCENTAGE OF TENURE OF THE POLICY

TABLE 4.12 THE TABLE SHOWING THE PERCENTAGE OF NOMINATION FOR POLICIES

MEDICAL REIMBURSEMENT ON TIME YES & WITH FULL REIMBURSEMENT YES & BUT REDUCED NO NOT APPLICABLE TOTAL

NO OF RESPONDENTS 6 32 4 8 50

PERCENTAGE OF RESPONDENTS 12% 64% 8% 16% 100%

Inference:

The table indicates the nomination selected by the respondents. 35.9% of the respondents have selected their spouse as their nominee and 32.5% selected their son, daughters have been selected as nominee by 21.6% of the respondents and the remaining selected their close relations.

CHART 4.12 THE CHART SHOWING THE PERCENTAGE OF NOMINATION FOR POLICIES

TABLE 4.13

THE TABLE SHOWING THE PERCENTAGE OF NO.OF POLICY TAKEN BY RELIANCE LIFE INSURANCE CUSTOMERS
EXPRESS YOUR SUGGESTION TO THE MANAGEMENT YES NO TOTAL NO. OF RESPONDENTS 35 15 50 PERCENTAGE OF RESPONDENTS 70% 30% 100%

Inference: The table shows the no. of policy taken by the respondents. 2.5% of the respondents have more than 3 policies and 7.5% of them have 3 policies while 64.2% of the population has only 1 policy

CHART 4.13 THE CHART SHOWING THE PERCENTAGE OF NO.OF POLICY TAKEN BY RELIANCE LIFE INSURANCE CUSTOMERS

TABLE 4.14

THE TABLE SHOWING THE PERCENTAGE OF REASON FOR SELECTING RELIANCE LIFE INSURANCE

RECOMMEND FOR MORE IMPROVEMENT SEATING ARRANGEMENT

NO OF RESPONDENTS 6

PERCENTAGE OF RESPONDENTS 12%

VENTILATION REST PERIODS INTER PERSONAL RELATIONSHIP TOTAL

32 4 8 50

64% 8% 16% 100%

Inference:

The table expressing the reason for selection RELIANCE LIFE INSURANCE in which 39.2% of the respondents have been selected it for its loan facility and 35.9% for the sum insured while 14.1% preferred it for the return. Tax benefits attract the 10.8% of the populate

CHART 4.14 THE TABLE SHOWING THE PERCENTAGE OF REASON FOR SELECTING RELIANCE LIFE INSURANCE

TABLE 4.15

THE TABLE SHOWING THE PERCENTAGE OF CLARITY OF THE

SAFETY MESURES YES NO TOTAL NO OF RESPONDENTS 43 7 50 PERCENTAGE OF RESPONDENTS 86% 14% 100%

PLAN

Inference:

The clarity of the plan and respondents opinion related to that is stated in the above Table. 94.2% of the respondents understood the plan clearly while others have A Little confusion about it.

CHART 4.15

THE CHART SHOWING THE PERCENTAGE OF CLATITY OF THE PLAN

TABLE 4.16

THE TABLE SHOWING THE PERCENTAGE OF SATISFACTION FROM THE SERVICES OFFERED BY RELIANCE LIFE INSURANCE.

EXCELENT BENEFITS & WELFARE AGREE DIS-AGREE TOTAL

NO OF RESPONDENTS 50 0 50

PERCENTAGE OF RESPONDENTS 100% 0% 100%

Inference:

The table indicates the satisfaction level of the policyholders from the services provided by RELIANCE LIFE INSURANCE. 95.8% of the population is satisfied and the others are not so satisfied with services.

CHART 4.16

THE CHART SHOWING THE PERCENTAGE OF SATISFACTION WITH SERVICE AND OFFERED OF RELIANCE LIFE INSURANCE

TABLE 4.17

THE TABLE SHOWING THE PERCENTAGE OF THE FACTORS TO BE COMPARED WITH THE OTHER INSURANCE PROVIDERS
FESTIVAL CELEBRATION YES NO TOTAL NO OF RESPONDENTS 40 10 50 PERCENTAGE OF RESPONDENTS 80% 20% 100%

Inference:

The factors which all to be considered while comparing RELIANCE with other service providers are expressed in the above table. More features secure the first place with 38.3% response from the sample population and returns on the second place with the 24.1% of the responses while 3% of the sample size selected other features and services as their choice.

CHART 4.17

THE CHART SHOWING THE PERCENTAGE OF THE FACTORS TO BE COMPARED WITH THE OTHER INSURANCE PROVIDERS

TABLE 4.18

THE TABLE SHOWING THE PERCENTAGE OF PREERENCE FOR NEW PRODUTCT OF RELIANCE

PROVIDE FISTAID FACILITIY YES NO TOTAL

NO OF RESPONDENTS 50 0 50

PERCENTAGE OF RESPONDENTS 100% 0% 100%

Inference:

It can be inferred from the table that the 72.5% of the population is willing to avail the new services from RELIANCE LIFE INSURANCE while others are not interested.

CHART 4.18

THE CHART SHOWING THE PERCENTAGE OF PREERENCE FOR NEW PRODUCT OF RELIANCE

TABLE 4.19 THE TABLE SHOWING THE PERCENTAGE OF NEED OF ADVISORS FOR P0LICY HOLDERS

COMMITTEES CANTEEN COMMITTEES WORK COMMITTEES HEALTH & SAFETY COMMITTEES COMMITTEES AGAINST SEXUAL HARASSEMENT TOTAL

NO OF RESPONDENTS 11 29 7 3 50

PERCENTAGE OF RESPONDENTS 22% 58% 14% 6% 100%

Inference:

It can be deducted from the table that 69.1% of the population is in need of the assistance from Advisors and 30.9% of them do not need it.

CHART 4.19

THE TABLE SHOWING THE PERCENTAGE OF NEED OF ADVISORS FOR

POLICY HOLDERS

TABLE 4.20

THE TABLE PRESENTING THE PERCENTAGE OF THE MEANS TO KNOW THE NEW PRODUCTS

HEALTH MEASURES CLEANLINESS DISPOSAL OF WASTES & EFFUENTS VENTILATION & TEMPERATUR DUEST & FUMES OVERCROWDING LIGHTING DRINKING WATER FIRE

HIGHLY SAISFIED 40 35 45 30 32 36 40 50

SATISFIED 5 12 3 11 10 7 8 0

NORMAL 5 3 2 5 8 5 2 0

DISSATISFIED 0 0 0 4 0 2 0 0

HIGHLY DISSATISFIED 0 0 0 0 0 0 0 0

TOTAL 50 50 50 50 50 50 50 50

Inference:

The table indicates the preference of the mode through which they want to know about the new products and services of RELIANCE LIFE INSURANCE Life.

CHART 4.20 THE CHART PRESENTING THE PERCENTAGE OF THE MEANS TO KNOW THE NEW PRODUCTS

TABLE 4.21

SAFETY MEASURES FENCING OF MACHINERY PITS, SUMPS OPENING IN FLOORS EXCESSIVE WEIGHTS PRECAUTION IN CASE OF FIRE MAINTENANCE OF BUILDING SAFETY OFFICERS

HIGHLY SAISFIED 30 40 28 45 25 20

SATISFIED 18 7 10 5 13 15

NORMAL 2 3 7 0 9 5

DISSATISFIED 0 0 5 0 3 10

HIGHLY DISSATISFIED 0 0 0 0 0 0

TOTAL 50 50 50 50 50 50

CHART 4.21