APPRAISAL OF LOCAL GOVERNMENT WORKERS PERCEPTION TOWARDS TAKING LIFE INSURANCE POLICY IN NIGERIA

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Department of Administration

ABSTRACT

This study has been motivated by the public outcry against the poor performance of our country’s administration of Life assurance policies. It has been viewed by many as a sector whose records have shown no positive result in whatever objective they were set to achieve. If this public perception about the county’s administration of Life policies are true, then it is an unhealthy development for the country, in view of the fact that the public sector is expected to play the leading role in the rapid socio-economic welfare and political development of the Nigerian society and should that sector be ineffective for any reason, development pace will be affected. The aim of the research was to find out whether Keffi Local Government workers of Nasarawa state have favorable attitude towards taking life insurance policy. Two hundred questionnaires were distributed to workers of Keffi Local Government area of Nasarawa state upon which we made our findings. The results of the investigation show that in response to positive statements about life insurance, an average respondent has either less adequate knowledge or undecided, this is a trace of not having adequate knowledge of the policy. It was also found that a very high percentage of respondents feel poor by the attitude of some life Agents towards those who had claims to be settled in the past. This means that life officials should endeavor to settle claims promptly without any delay as this will build a confidence in the life of other policyholders

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