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RESEARCH METHODOLGY

To achieve the objective of studying the isnurance market data has been

collected.

Research methodology carried for this study can be two types

Primary, Secondary

PRIMARY:

The data, which has being collected for the first time and it is the

original data.

SECONDARY:

The secondary information is mostly taken from websites, books,

journals.

SOURCES OF DATA

The gathering of data may range from a simple observation at one location

to a grandiose survey of multinational corporations at sites in different parts

of the world. The method selected will largely determine how the data are

collected. DATA is the facts presented to the researcher from the study’s

environment. Characteristics of the data are as follows:

Data are more metaphorical than real


1) Data are processed by our senses-often limited in comparison the

senses of other living organisms.

2) Capturing data are said to be trustworthy because they

may be verified.

There are two kinds of data that can be collected for research purpose. Based

on the requirement in the research appropriate data is collected. Both the

kinds of data are shown below in the figure:

Data

Primary Data Secondary

Data

1) Primary data source:

Primary data are collected and gathered for the first time. Primary

data are sought for their proximity to the truth and controls over error.

Advantages of primary data are:

• Researchers can collect precisely the information they want.

• They usually can specify the operational definitions used and can

eliminate, or at least monitor and record the extraneous influences

on the data as they are gathered.


2) Secondary data source

Someone else collects secondary data. So, it becomes

secondary information for the research. Secondary data have had least

one level of interpretation inserted between the event and its recording.

Reasons for using the secondary data are listed below:

• They fill a need for specific reference or citation on some point

• Secondary data are an integral part of a larger research study

• Secondary data may be used as the sole basis for a research study,

since in many research situations one cannot conduct primary

research because of physical, legal, or cost influences.


SCOPE OF STUDY

The study will be basically focusing on Digitization of insurance in India which is a

popular method of e insurance, the conceptual framework and

insurance offered by different companies.

In few years insurance has emerged as a tool for ensuring one’s financial well

being. Insurance have not only contributed to the India growth story but have

also helped families tap into the success of Indian Industry.


. TABLE OF CONTENTS
Page
Chapter No Title No

Executive Summary

1 Introduction

2 Review of Literature

3 Objective

4 Research Methodology

5 Introduction to e insurance

5.1 Adoption of e commerce to insurance

5.2 Internet and insurance impact and implication

Potential effect of e insurance on insurance


5.3 industry

5.4 New value creation for insurer

5.5 Effect of E commerce insurance on customers

5.6 Internet and current issues on insurance industry

Regulatory and supervisory issues and insurance


5.7 on the internet

Changing times of Indian insurance a fresh


5.8 perspective

6.1 Modules Forms in Insurance


6.2 Screen Design

Page
Chapter No Title No

7 Data Analysis & Interpretation

8.1 Data Findings

8.2 Recommendations & Suggestions

9 Conclusion

10 Appendix

11 Bibliography

12 Reference Study

13

14

14.1

14.2

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