International Journal of Integrated Science and Technology
Vol. 2 No. 11 (2024): November 2024

Analysis of Customer Loyalty in View of Company Commitment and Customer Trust in Traditional Life Insurance Products in South Tangerang

Erlita Kurniawaty (Unknown)
Nandan Lima Krisna (Unknown)
Jan Horas V. Purba (Unknown)



Article Info

Publish Date
16 Nov 2024

Abstract

The insurance services industry, as a trust-based business, is still considered not to have fully gained the trust of its customers, with decreasing customer loyalty in purchasing insurance products, especially traditional life insurance. The phenomenon observed in the research location indicates that customer trust in traditional life insurance products remains low, and the company’s commitment to providing product benefits is not yet optimal. This study aims to examine the influence of company commitment on customer loyalty through customer trust. The approach used in this research is a quantitative approach. The population and sample in this study consist of all customers holding traditional life insurance products in South Tangerang City, totaling 100 respondents, with a sampling technique using a saturated sample method. Research data were obtained from questionnaire responses and analyzed using SEM analysis methods with the assistance of Lisrel software. The study results indicate that (1) Company commitment has an effect on customer trust, (2) Customer trust influences customer loyalty, and (3) Company commitment affects customer loyalty through customer trust.

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Journal Info

Abbrev

ijist

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Education Languange, Linguistic, Communication & Media Social Sciences

Description

International Journal of Integrated Science and Technology (IJIST) is a scientific multidisciplinary research journal published by Multitech Publisher. The aim of this journal publication is to disseminate the research results, conceptual thoughts, improved research methodologies, and ideas that ...