A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All
Premkumar, S.
- A Study on Factors Affecting Need Recognition for Life Insurance Policies in Chennai
Authors
1 Manonmaniam Sundaranar University, Tirunelveli, Tamil Nadu, 627012, IN
2 Dept of Sports Management, Tamil Nadu Physical Education and Sports University, Chennai, Tamil Nadu, 600048, IN
Source
Indian Journal of Education and Information Management, Vol 5, No 1 (2016), Pagination: 1-6Abstract
Background/Objectives: This study examines the factors influencing need recognition of Life Insurance Policies on purchase of different types of plan and role of family life cycle in purchase decision of insurance policies.
Methods/Statistical analysis: The 500 life insurance policy holders of Life Insurance Corporation (LIC) are chosen as test sample through multi stage random sampling technique. The frequency and percentage analysis are carried out to understand the demographic profile. The exploratory factor analysis, ANOVA (Analysis of Variance) and the multiple regression analysis are done to examine the influence of factors affecting need recognition for life insurance policies on purchase of types of plan.
Findings: The study reveals that majority of life insurance policy holders are males and most of life insurance policy holders belong to the family life cycle of Bachelor Type. Most of life insurance policy holders are graduates and majority of life insurance policy holders are employed in private sector. Most of life insurance policy holders belong to the monthly income group of Rs. 20001 - 30000 and majority of life insurance policy holders are married.
The exploratory factor analysis shows that social security, peer influence, prosperity and safety are the factors affecting need recognition for life insurance policies. There is significant difference between demographic profile of life insurance policy holders and factors affecting need recognition for life insurance policies except gender and factors affecting need recognition for life insurance policies. The regression analysis indicates that social security, prosperity and safety are positively and significantly influencing the purchase of type of plan.
Application/Improvements: The insurance products of LIC should be designed and promoted as per the needs of the valuable policy holders. Since the family life cycle is the most important factor deciding the purchasing of life insurance policies, LIC should develop and market separate insurance policies for different stages of life cycle of policy holders.
Keywords
Life Insurance Policies, Need Recognition, Type of Plan, Demographic Profile, Family Life Cycle.Full Text
References
- Rajesh K. Yadav, Sarvesh Mohania. Claim settlement of life insurance policies in insurance services with special reference to life insurance corporation of India. Indian Journal of Economics and Development. 2013; 1(1), 29-37.
- P. Rajkumar, G. Bhuvaneswari. Effects of pecuniary benefits in curbing employee turnover intention special reference to private life insurance companies in Chennai. Indian Journal of Science and Technology. 2016; 9(2),1-5.
- Narges Delafrooz, Elham Farzanfar. Determining the customer lifetime value based on the benefit clustering in the insurance industry. Indian Journal of Science and Technology. 2016; 9(1), 1-8.
- Jae Hoon Han, Yen Yoo You, Kwan-Sik Na. A study on factors affecting the youth employment rate: focusing on data from 31 cities and counties in gyeonggi-Do, South Korea. Indian Journal of Science and Technology. 2015; 8(S5), 76-83.
- S. Banumathy, M. Subhasini. Attitude of Policyholders towards Life Insurance Business in Virudhunagar:, The Insurance Times. 2004; 14(7), 25-28.
- Khurana Sunayna. Customer preferences in life insurance industry in India. The Icfai University Journal of Services Marketing. 2008; 6(3), 60-68.
- N. Namasivayam, S. Ganesan, S. Rajendran. Socioeconomic factors influencing the decision in taking life insurance policies. Insurance Chronicle. 2006; 4(2), 65-70.
- K.S. Patil. Life insurance corporation of India, Its products and their performance evaluation: a special reference to gulbarga district. Finance India. 2003; 17(3), 1037-1040.
- N. Raman, C. Gayathri. A study on customers awareness towards new insurance companies. Indian Journal of Marketing. 2004; 34(1), 24-30.
- Improved Steganography using MSP Method Combined with Visual Cryptography for Secure Application
Authors
1 Dept of Information Technology, Periyar Maniammai University, Thanjavur- 613 403, Tamil Nadu, IN
Source
Digital Image Processing, Vol 4, No 13 (2012), Pagination: 703-706Abstract
Core banking is a set of services provided by a group of networked bank branches. Bank customers may access their funds and perform other simple transactions from any of the member branch offices. The major issue in core banking is the authenticity of the customer. Due to unavoidable hacking of the databases on the internet, it is always quite difficult to trust the information on the internet. To solve this problem of authentication, we are proposing an algorithm based on image processing, improved steganography and visual cryptography. This paper proposes a technique of encode the password of a customer by improved Steganography, most of the steganographic techniques use either three or four adjacent pixels around a target pixel whereas the proposed technique is able to utilize at most all eight adjacent neighbors so that imperceptibility value grows bigger and then dividing it into shares. Total number of shares to be created is depending on the scheme chosen by the bank. When two shares are created, one is stored in the Bank database and the other is kept by the customer. The customer has to present the share during all of his transactions. This share is stacked with the first share to get the original image. Then decoding method is used to take the hidden password on acceptance or rejection of the output and authenticate the customer.Keywords
Improved Steganography, Visual Cryptography.
- Application of DC-DC Boost Converter for Solar Powered Traffic Light with Battery Backup
Authors
1 Department of Electrical and Electronics Engineering, Jerusalem College of Engineering, Chennai-600100, Tamil Nadu, IN
2 Department of Electrical and Electronics Engineering, Bharath University, Chennai-600073,Tamil Nadu, IN
Source
Indian Journal of Science and Technology, Vol 8, No 32 (2015), Pagination:Abstract
The paper presents the application of a DC-DC Boost Convereter for solar powered traffic light equipment for traffic control. The proposed system gives a high performance of the solar powered traffic light equipment whose adaptability are very attractive for the solar array power tracking in dynamic environments. The input is a solar panel that supplies a voltage of 12 V which is used for this application. The DC Boost converter is successfully implemented using a low cost microcontroller.Keywords
Boost Converter, Solar Panel, Solar Powered Traffic Light EquipmentFull Text
- Interleaved Two Channel Boost Converter for Power Factor Correction using Boundary Conduction Mode
Authors
1 Department of EEE, Bharath University, Chennai – 600073, Tamil Nadu, IN
2 Department of EEE, Vel Tech Dr. RR and Dr. SR Technical University, Chennai – 600073, Tamil Nadu, IN
Source
Indian Journal of Science and Technology, Vol 8, No 32 (2015), Pagination:Abstract
This paper presents the concept of interleaved pulse width modulation to achieve boost converter with power factor correction and regulated DC voltage. The boost converter employs boundary conduction mode and zero current switching to achieve power factor correction. The converter is having a high voltage conversion ratio with wide span of turn ON and OFF period, which will differentiate this proposed converter from the conventional boost converter. The interleaved pulse width modulation will reduce current ripples of input and output currents. The interleaving will also aid to the reduction in size of the inductor and capacitor used for the proposed converter. In this paper the circuit configuration, principle of operation, simulation results, experimental results of the proposed converter are presented.Keywords
Boundary Conduction Mode, Power Factor Correction, Pulse Width Modulation, Zero Cross SwitchingFull Text
- Design and Operating Parameters on the Performance of Planar and Ducted Air Breathing PEM Fuel Cell
Authors
1 Department of Electrical and Electronics Engineering, Bharath University, Chennai - 600073, Tamil Nadu, IN
Source
Indian Journal of Science and Technology, Vol 8, No 31 (2015), Pagination:Abstract
Water management is a burning issue in Air Breathing Fuel Cells (ABFC). Flooding and dehydration are the two main degradation mechanisms that occur when water management is not adequate. In this paper, experimental studies on air breathing fuel cell with ducted and planar design on cathode side were studied, including experiments with three different ratios of cathode open area with each design, varying the channel dimensions in the ducted design and varying the current collecting and the open area in the planar design. In ducted design the mass transfer limitations and flooding can be reduced with wider channels, where as in planar design larger opening area reduce the mass transfer limitations however wide channels require a rigid gas diffusion backing with current collecting ducts. The effect of varying hydrogen flow rate, various cell orientations, various ambient temperatures of both ducted and planar designs were compared.Keywords
Air Breathing Fuel Cells, Ducted Design, Planar Design, Water Management.Full Text