PERFORMANCE EVALUATION OF INSURANCE CLAIMS MANAGEMENT IN LIC-INDIA
VINUTHA, Dr Manoj Kumara N V
performance evaluation, claims management, death claims, maturity claims
this article mainly focuses on evaluating the claims management performance in LIC considering the 5 years’ study from 2012-13 to 2016-17. The study used descriptive methodology and consider the maturity claims and death claims to prove the said objective. the study found that there is high increase in policy assured value compare to number of policies that’s results in showing the optimal performance to LIC in the selected period.