A Project Report on Child Health

Plans – LIC SIIP Plan in comparison with Bajaj Allianz

D.Y. Patil
Deemed to be University
MASTERS IN BUSINESS ADMINISTRATION
BANKING AND INSURANCE COMBINED WITH
SPORTS BUSINESS MANAGEMENT

Submitted by:
MS. SWATI RADHESHYAM YADAV MBABI021003
MR. SHUBHAM AJIT MATKAR MBABI021001
MS. SWATI ASHUTOSH CHATURVEDI MBABI021002
MR. PRABHAT RAJU KOLI MBASPO21001

Submitted to:
Dr. Roshni Sawant
School of Management
D.Y. Patil
Deemed to be University
CBD Belapur, Navi Mumbai.
 ACKNOWLEDGEMENT

In the first place, we thank the D. Y. Patil University School of Management,

Navi Mumbai for giving us an opportunity to work on this project. We would
also like to thank Dr. Roshni Sawant, Assistant professor, School of
management, D. Y. Patil University Navi Mumbai for having given us her
valuable guidance for the project. Without her help it would have been
impossible for us to complete the project. Also, I would like to thank our
principal Dr. R Gopal sir for providing us with best library facilities, which
helped us in gaining more knowledge about our topic and also like to thank our
other entire sources/tutors/trainers/industry expert who helped us in preparing
this project report.

We would be failing in our duty if we do not acknowledge with a deep sense of

gratitude, the sacrifice made by our parents and thus have helped us in
completing the project work successfully.

Place: Navi Mumbai

Date: / /

SIGNATURE OF STUDENTS

MS. SWATI RADHESHYAM YADAV MBABI021003

MR. SHUBHAM AJIT MATKAR MBABI021001
MS. SWATI ASHUTOSH CHATURVEDI MBABI021002
MR. PRABHAT RAJU KOLI MBASPO21001
 CERTIFICATE

This is to certify that the project entitled “Child Health Plans – LIC SIIP Plan
in comparison with Bajaj Allianz Young Assure” is the Bonafide project
work carried out by Ms. Swati Radheshyam yadav, Mr. Shubham Ajit
Markar, Ms. Swati Ashutosh Chaturvedi and Mr. Prabhat Raju Koli, students
of MBA Banking and Insurance Combined with Sports Management, at D.
Y. Patil University School of Management during the year 2021-2023.

------------------------

Dr. Roshni Sawant

(Faculty,

School of Business management,

D. Y. Patil University, Navi Mumbai)

Place: Navi Mumbai

Date: / /

1 INTRODUCTION 1
2 PESTLE ANALYSIS 2
2.1 LIC’S SIIP PLAN
2.2 BAJAJ ALLIANZ YOUNG ASSURE 9

3 IMPORTANT CHARACTERISTICS OF INSURANCE 14

3.1 INDEPENDENT REGULATORY BODY 15
3.2 ADVANTAGES OF INSURANCE POLICY 16
3.3 DISADVANTAGES OF INSURANCE POLICY 17
3.4 CHALLENGES IN INSURANCE SECTOR 17
4 RESEARCH METHODOLOGY 19
4.1 OBJECTIVES OF THE STUDY 19
4.2 HYPOTHESIS 19
4.3 RESEARCH DESIGN\SAMPLE DESIGN 19
5 DATA ANALYSIS, INTERPRETATION AND 23
PRESENTATION 23
5.1 PRIMARY DATA ANALYSIS
6 FINDINGS OF THE STUDY 40
7 CONCLUSION 41
8 BIBLOGRAPHY\ANNRXURE 42-50
INDEX
SR.NO TOPICS PAGE NO

LIST OF TABLES AND FIGURES

Table Particulars Page no
no
5.1 Gender of respondents 24
5.2 Age of respondents 25
5.3 Occupation of respondents 26
5.4 Education of respondents 27
5.5 Insurance policy taken from any company 28
5.6 Respondents taken insurance policy from which company 29
5.7 Maturity of period that the respondent have taken 30
5.8 Is about terms and conditions of the policy taken by the 31
respondents
5.9 Does respondents look for irda instructions 32

5.10 Source of information for an insurance plan 33

5.11 Preception about insurance 34
5.12 Satisfaction level during collection of personal information 35

5.13 Satisfaction of physical facilities 36

5.14 Satisfaction of employee/agent of your company are neat in 37
appearance
5.15 Satisfaction of company’s friendly environment 38
5.16 Satisfaction level of phamplets and statement in your insurance 39
company
5.17 Satisfaction of solving pronlems bt your insurance company 40
when customers have problem