The relationship between quality of service and loyalty among customers of muang thai life insurance company limited: a case study of chachoengsao province
Abstract:
The purpose of this study was to examine quality of service and loyalty among customers of Muang Thai Life Insurance Company Limited. Also, this study aimed at determining the relationship between quality of service and customer loyalty. The subjects participating in this study were 220 customers, using service of Muang Thai Life Insurance Company in Chacheongsao branch. The instrument used to collect the data was a questionnaire with a level of reliability of 0.87. The statistical tests used to analyze the collected data included frequency, percentage, means, standard deviation, and the test of Pearson Product Moment Coefficient. The results of this study revealed that the subjects expressed their opinion towards quality of service provided by Muang Thai Life Insurance Company Limited at the highest level. When considering each aspect of quality of service, the one in relation to the characteristics of good service providers was rated the highest, followed by the aspect of process of service which was rated at a high level of quality. Also, with reference to the characteristics of good service providers, it was shown that the subjects rated the attitude and characteristics of good service providers at the highest level. In addition, regarding process of service, they rated the aspect relating to responsiveness at the highest level. It was found that the subjects had a high level of loyalty for Muang Thai Life Insurance Company Limited, Chacheongsao branch. Specifically, they expressed their purchase intention of service at the highest level. Finally, a positive and moderate relationship was found between quality of service and customer loyalty at a significant level of .01.