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The Viability of Cooperative Insurance in Nigeria

The Viability of Cooperative Insurance in Nigeria

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DEDICATION

This research material, titled “The Viability of Cooperative Insurance in Nigeria” is dedicated to God for His boundless grace and guidance. It is also a tribute to all computer enthusiasts whose contributions made my research journey smoother and enriched my documentation process, making the experience truly fulfilling.



ACKNOWLEDGEMENT

I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Economics for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on The Viability of Cooperative Insurance in Nigeria provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.



TABLE OF CONTENTS

PRELIMINARY PAGES

CHAPTER ONE

  • Introduction
  • 1.1 Background of study
  • 1.2 Statement of the problem
  • 1.3 Objective of the study
  • 1.4 Significance of the study
  • 1.5 Research hypothesis
  • 1.6 Scope and limitation of study
  • 1.7 Definition of terms

CHAPTER TWO

  • Review of related literature
  • 2.1 Nature of cooperative
  • 2.2 Definition of cooperative
  • 2.3 Historical development of insurance
  • 2.4 Definition of insurance
  • 2.5 First Enugu international insurance cooperative as cooperative insurance
  • 2.6 How insurance works
  • 2.7 Cooperative insurance function
  • 2.8 Cooperative as a financial institutions to the cooperative
  • 2.9 The cooperative insurance market in Enugu state
  • 2.10 Cooperative insurance principle
  • 2.11 First Enugu international cooperative law and rule
  • 2.12 Establishment and aims of cooperate insurance economic system
  • 2.13 First Enugu international cooperative insurance economic system
  • 2.14 Distinguishing factors between cooperative insurance and mutual insurance company

CHAPTER THREE

  • Research design and methodology
  • 3.1 Research method used
  • 3.2 Population of the study
  • 3.3 Sample size
  • 3.4 Description of respondent
  • 3.5 Sources of data
  • 3.6 Procedure in gathering data
  • 3.7 Treatment of data

CHAPTER FOUR

  • Data presentation
  • 4.1 Analysis of data
  • 4.2 Interpretation of data

CHAPTER FIVE

  • Summary of findings
  • 5.1 Conclusion
  • 5.2 Recommendation
  • REFERENCES

ABSTRACT

Without needing to be told, the topic liability of cooperative insurance in Nigeria portends the gross nature of its many facts. The topic is more or loss as open one as most people would however, the research thought it right to limit the study to the first Enugu international cooperative insurance for the sake of convenience.

The project tries to delve into viability (and hence practicability of cooperative insurance in Nigeria it does this by trying to establish the workability of the statutory requirement cooperative insurance firms must meet before registration. Similarly, the issue of competition in the insurance industry is looked at especially when it concern the big firms already in the industry.

Government intervention in the affair of cooperative insurance is given a look with a view to suggesting ways result can be attained. The cooperative and insurance principle conflict were attempted to be resolved with a view of cross section of to marrying them and channeling them into these exercise sought the view of cross section of respondent who were knowledgeable as regarded the topic. Their view are presented sequentially and is hoped that at the end any one who goes trough thus will appreciate better the concept of cooperative insurance.


The Viability of Cooperative Insurance in Nigeria

CHAPTER ONE

1.1 Introduction

… As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the Aim and Objectives of the study. Others are Significance of the study, Scope of work, Research hypothesis and questions, Limitation of the study and Definition of technical terms.…

CHAPTER TWO

2.0 Literature Review

2.1 Introduction

This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the conceputal review, theoretical framework, the review of related literature …

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Defense Procedure for Economics Researchers

In preparation for defending a project or seminar on The Viability of Cooperative Insurance in Nigeria, it is imperative that as a nursing student, you demonstrate comprehensive knowledge of your research. The defense process is structured to include presenting your work, answering questions, and illustrating its pertinence. Initially, provide a succinct yet thorough introduction to your research topic, emphasizing its importance and the objectives, ensuring that both the audience and the External Examiner can understand the scope of your study.

Prior to your defense, be thoroughly acquainted with your research abstract and the critical elements of Chapter One, including motivation for embarking on this research, problem statement, objectives, and significance. In Chapter Two, be ready to cite at least two references from the literature review. For Chapter Three, you should be equipped to discuss the methodologies, tools, and techniques utilized. In Chapter Four, defend your research by justifying the findings and linking them to your research objectives.

Conclude your defense by succinctly summarizing the study and offering insightful, evidence-based recommendations. A professional dress code, such as wearing a suit and tie, is vital to create a favorable impression and elevate your presentation.

During the question and answer segment, the External Examiner may pose questions pertaining to your research. If confronted with a challenging or irrelevant question, respond diplomatically with, “Sorry, Sir/Madam, the question asked is beyond the scope of my study.” Whenever possible, direct your answers back to your research findings to reinforce your expertise.

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