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International Journal of
Management and Economics
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VOL. 8, ISSUE 4 (2026)
Expectations and satisfaction of customers of Life Insurance Corporation of India: An analysis
Authors
Shikha Kumari, Dr. Sunil Kumar
Abstract

Since customers are so essential to life insurance' performance and sustainability, it's essential to evaluate their dissatisfaction with many elements of service quality in the industry. Customers’ satisfaction in the insurance companies isn't a figment of the imagination. Though insurance producers have treated the "customers" as all behaviours were developed to accommodate a sovereign. or her, in order to give this idea traction, it is necessary to understand the client's satisfaction in terms of various elements and features, and therefore on service. Customer’s happiness is measured by customers’ loyalty, engagement, brand loyalty, and organizational performance. A service, unlike a product, will contain a variety of intangible or qualitative specifications.

Despite the increase in price competition, the study shows that major public sector LIC dominates the Indian insurance industry. In today's business environment, directly benefit has become a critical part of maintaining customers and providing attractive services and high-quality facilities. Due to increased competition, a wide range of policies and goods offers, and a variety of distribution methods, enterprises prefer happy but productive patrons. Competitiveness, a wide range of regulations and material supplies, and a multitude of channels of distribution, organizations prefer delighted and prosperous consumers.
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Pages:28-32
How to cite this article:
Shikha Kumari, Dr. Sunil Kumar "Expectations and satisfaction of customers of Life Insurance Corporation of India: An analysis". International Journal of Management and Economics, Vol 8, Issue 4, 2026, Pages 28-32

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Expectations and satisfaction of customers of Life Insurance Corporation of India: An analysis | International Journal of Management and Economics