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Sunday, 20 January 2013

Web based application for insurance services



The contract of payment of some money to a person assured on the happening of event insured against is called insurance. Actually this contract provides for the payment of an amount on the date of maturity or at the specific dates or at unfortunate death, if it happens earlier. Among all these things, the contract provides for the payment of premium periodically to the corporation by the assured. Insurance is universally acknowledged to be an institution which eliminates `risk', substituting certainty for uncertainty and comes to the timely aid of the family in the unfortunate event of death of the breadwinner. Our software provides five types of insurance services, which includes life insurance, medical insurance, vehicle insurance, home insurance and travel insurance. Presently this project follows Internet mode such as the details can be viewed and updated by the officials of the company.

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