ABSTRACT
This project work has critically highlighted the compact of claims settlements on profit maximization in insurance industry, the problems affecting effective claims settlement in Nigeria have been identified and how they can be controlled is also included in the study.
Also circumstances given rise to claims, fraudulent claims and effect of inflation on claims settlement have been discussed and ways to solve them are inductive in the study.
This study also examines the lapses and recommends some viable point (s) that can also contribute to the image of the industry.
In conclusion, for effective claims settlement to arise, the insurer and the insured must agree as to the actual amount to be paid in the event of claims taking into consideration the principles and the risk guiding the handling of insurance claims.
TABLE OF CONTENT
Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of contents
CHAPTER ONE
1.0Introduction
1.1 Background of the study.
1.2 Statement of problem
1.3 Purpose of the study
1.4 Significance of the study
1.5 Limitation of the study
CHAPTER TWO
2.0The Review Of Related Literature
2.1 Classes of insurance
2.2 Principles of insurance
2.3 Notification of claims
2.4 Investigation of claims
2.5 Circumstances given rise to claims
2.6 Claims report
2.7 Claim settlement under individual
2.8 The problems affecting effective claims settlement.
CHAPTER THREE
3.0Research Design And Methodology
3.1 Source of Data
3.2 Location of Data
3.3 Method of Data collection
CHAPTER FOUR
4.0Findings
CHAPTER FIVE
5.0Recommendation And Conclusion
5.1 Conclusion
5.2 Recommendation.
BIBLIOGRAPHY
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2012, 12). The Effect Of Claim Settlement On Profit Maximization In The Insurance Industries.. ProjectStoc.com. Retrieved 12, 2012, from https://projectstoc.com/read/550/the-effect-of-claim-settlement-on-profit-maximization-in-the-insurance-industries
"The Effect Of Claim Settlement On Profit Maximization In The Insurance Industries." ProjectStoc.com. 12 2012. 2012. 12 2012 <https://projectstoc.com/read/550/the-effect-of-claim-settlement-on-profit-maximization-in-the-insurance-industries>.
"The Effect Of Claim Settlement On Profit Maximization In The Insurance Industries.." ProjectStoc.com. ProjectStoc.com, 12 2012. Web. 12 2012. <https://projectstoc.com/read/550/the-effect-of-claim-settlement-on-profit-maximization-in-the-insurance-industries>.
"The Effect Of Claim Settlement On Profit Maximization In The Insurance Industries.." ProjectStoc.com. 12, 2012. Accessed 12, 2012. https://projectstoc.com/read/550/the-effect-of-claim-settlement-on-profit-maximization-in-the-insurance-industries.
- Related Works
- The Impact Of Effective Credit Management On The Profitability Of First Bank
- The Role Of The Nigeria Money Market In Indigenising The Credit Base Of The Economy
- Nigeria Deregulations, Impact And Implication
- The Role Of Central Bank In Establishing Nigeria Economy (a Critical Review)
- The Impact Of Regulation And Supervision On The Activities Of Banks In Nigeria (an Assessment Of The Role Of The Cbn And Ndic)
- Universal Banking In Afri Bank
- Development Banking In Nigeria
- Dividend Policy And Its Impact On Share Price Valuation (a Case Study Of Union Bank Of Nigeria Plc)
- The Role Of Commercial Banks In Agricultural Financing In Enugu State
- Debt Recovery Techniques In The Banking Sector, Problems And Prospect. (a Case Study Of Union Bank Nigeria Plc).