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.
Sunday, 20 January 2013
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