Quality of Service of Life Insurance Agents Classified by Personal Characteristics of Life Insurance Agents

Main Article Content

Phakhawan Narkbangkaeo
Nutpatsorn Tanaborworpanid
Phinit Keawkasetkon

Abstract

The purpose of this study was to 1) problems condition and service quality of life insurance agents in Thailand and 2) compare the service quality of life insurance agents, classified according to the personal characteristics of the agents. The sample size was determined using Taro Yamane’s formula (1973) at a statistical significance level of .05. Multi-stage sampling was employed, with a total of 400 licensed life insurance agents participating. The research instrument was a questionnaire using a 5-point Likert scale. The data were analyzed using frequency and percentage to summarize the general characteristics of the sample, the t-test to compare differences between two groups, one-way ANOVA to compare differences among multiple groups, and the Test of Homogeneity of Variances to examine whether the variances of each group were equal before conducting ANOVA.


The research concludes that 1) Personal characteristics of life insurance agents: The majority of respondents were female (290 people, 72.5%). Most were aged over 40 years (144 people, 36.0%). Regarding company affiliation, 128 respondents (32.0%) were with AIA Thailand. In terms of position, 234 respondents (58.5%) worked in sales, and most had a bachelor’s degree (276 people, 69.0%). 2) Comparison of service quality of life insurance agents according to their personal characteristics: Hypothesis testing showed that age was associated with a statistically significant difference in service quality at the .05 level. However, gender, company affiliation, department/position, and education level did not show statistically significant differences in service quality at the .05 level

Article Details

How to Cite
Narkbangkaeo, P., Tanaborworpanid, N., & Keawkasetkon, P. (2025). Quality of Service of Life Insurance Agents Classified by Personal Characteristics of Life Insurance Agents. Arts of Management Journal, 9(6), 476–495. retrieved from https://so02.tci-thaijo.org/index.php/jam/article/view/283420
Section
Research Articles

References

Deming, W. E. (2000). The new economics for industry, government, education (2nd ed.). The MIT Press.

Kotler, P., & Lee, N. (2008). Social marketing: Influencing behaviors for good. Sage.

Kwanphum, P. (2018). Factors affecting the retention of life insurance agents: A case study of AIA Life Insurance Company agents in the Eastern Region[Master’s thesis, Burapha University].

Haji, S. A. et al. (2021). The effect of experience quality, perceived value, happiness and tourist satisfaction on behavioral intention. Management Science Letters, 11, 1023–1032.

Hakim, L. et al. (2020). Did PDCA cycle, service quality and innovation capability influence private universities performance?. Systematic Reviews in Pharmacy, 11(10), 874-883.

Heizer, J., & Render, B. (2005). Operation management. Pearson Education.

Lertpongprasert, S., & Pratoomsawat, V. (2023). Factors influencing life insurance purchasing of consumers in Nonthaburi province. Journal of Management and Social Science Review, 6(2), 119-130. https://so03.tci-thaijo.org/index.php/assr/article/view/265637

Loan, M. T. (2023). Studying customers’ satisfaction with service quality of life insurance in Vietnam. International Journal of Professional Business Review, 8(6), e02352. https://doi.org/10.26668/businessreview/2023.v8i6.2352

Manik, C. D., Sarwani, K., Triyadi, E.S.W., & Sunarsi, D. (2020). The effect of PDCA cycle on service quality, innovation capability, and work performance of Indonesian private universities. PalArch’s Journal of Archaeology of Egypt/Egyptology, 17(6), 8462-8483.

Office of Insurance Commission. (2013). Operational manual for life insurance agents. Course for applying for a life insurance agent license. Office of Insurance Commission.

Parasuraman, A., Zeithaml, V.A., & Berry, L.L. (1988) SERVQUAL: A multiple-item scale for measuring consumer perceptions of service quality. Journal of Retailing, 64, 12-40.

Patcharasophith, K., & Phongsamran, S. (2018). Factors in the performance of life insurance agents affecting the performance of life insurance agents at AIA Company Limited. Journal of Research and Development, Loei Rajabhat University, 13(44), 35-45.

Phongsamran, S., Phungphanich, P., & Na Songkhla, W. (1999). Principles of life insurance (3rd ed.). Odeon Store.

Sharma, S., & Dhikka, A. (2023). Comparing service quality: An in-depth analysis of LIC and HDFC life insurance companies. An International Multidisciplinary e-Journal, 8(3), 5-10. https://doi.org/10.53724/ambition/v8n3.03

Suthiworaphongsri, S., & Phongphu, T. (2024). Factors affecting the performance of life insurance employees in Bangkok. Journal of Development Management Research, 14(1), 63-74.

Thammakalyakul, T. Thammachalai, A., & Chutamas, P. (2023). Guidelines for developing the competency of life insurance sales agents in Thailand. Journal of Social Sciences, Prachachuen Research Network, 5(2), 99-117.

Thai Life Assurance Association. (2023). Life insurance business statistics report for the year 2022. https://www.tlaa.org/page_statistics_new.php