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    Life Insurance Co-Operation (LIC) Insurance Policy: Anshul Gupta (0701672008) B.C.A S.C.C.T.M

    Uploaded by

    Ashok Prasath
    This document describes a system for managing life insurance policies and customers for an insurance company. The system allows storing customer and policy details, tracking premium payments and maturity amounts. It generates reports on policies, customers, and maturity. Currently the system only manages one insurance company's policies but could be enhanced to include multiple companies. The system is not currently online but could be developed as a web application to allow customers online access to their policy details and reports.

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    Life Insurance Co-Operation (LIC) Insurance Policy: Anshul Gupta (0701672008) B.C.A S.C.C.T.M

    Uploaded by

    Ashok Prasath
    87 views12 pages
    This document describes a system for managing life insurance policies and customers for an insurance company. The system allows storing customer and policy details, tracking premium payments and maturity amounts. It generates reports on policies, customers, and maturity. Currently the system only manages one insurance company's policies but could be enhanced to include multiple companies. The system is not currently online but could be developed as a web application to allow customers online access to their policy details and reports.

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    This document describes a system for managing life insurance policies and customers for an insurance company. The system allows storing customer and policy details, tracking premium payments and maturity amounts. It generates reports on policies, customers, and maturity. Currently the system only manages one insurance company's policies but could be enhanced to include multiple companies. The system is not currently online but could be developed as a web application to allow customers online access to their policy details and reports.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    87 views12 pages

    Life Insurance Co-Operation (LIC) Insurance Policy: Anshul Gupta (0701672008) B.C.A S.C.C.T.M

    Uploaded by

    Ashok Prasath
    This document describes a system for managing life insurance policies and customers for an insurance company. The system allows storing customer and policy details, tracking premium payments and maturity amounts. It generates reports on policies, customers, and maturity. Currently the system only manages one insurance company's policies but could be enhanced to include multiple companies. The system is not currently online but could be developed as a web application to allow customers online access to their policy details and reports.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 12

    Life Insurance Co-operation (LIC) Insurance Anshul Gupta Policy

    (0701672008) B.C.A S.C.C.T.M.

    INTRODUCTION

    This project maintains records of all the customers regarding their insurance policies, premiums, and maturity amount in an insurance company .Since with the rapid urbanization and changing needs of the society, this has resulted in various kinds of insurance policies and has made the insurance as a crucial part of our lives. Eventually, large number of customers are opting for various kinds of insurance. The proposed system overcomes the limitations of the manually or no computerized managing of the LIC INSURANCE COMPANY .Thus, the basic purpose of developing the software is for managing the insurance company effectively and efficiently .The whole system has been divided into various modules as to make it modular.

    OBJECTIVES

    The project reflects a sincere and dedicated effort done to improve the insurance policy management. The project deals with the computerization of the company. The objective of this project is to get easy and efficient access of data regarding different existing and new customers. It also aims to get efficient and effective access of all the records of the company. Its main aim is to provide the administrator a better way of handling the records of customers and their policies.

    DATA FLOW DIAGRAMS


    1. Context Level DFD
    Request for policy, premium

    Customer

    Insurance Policy
    Issue of policy, maturity amt. Issue reports

    Management
    System
    Issue reports to agent

    to A/cs Dept

    A/cs Dept.

    Agent

    2. 1st level DFD


    Customer Request for policy Agent submit the request to Company Policy Request
    Policy Master file

    Verification of customer & making of policy


    Issuing Policy

    Customer file

    Maturity file Policy Details file

    Issue of policy to customer by postage

    Policy Details file

    Payment of Prem. Amt.

    Insurance Dept.

    Customer

    Payment of maturity Amount

    Maturity file

    s_no

    Cus_dob

    Cus_ph

    policy_no

    _name

    Customer

    Has a

    Agent

    _add

    sum_ass

    last_p_dt

    Gets
    prem_amt

    Policy

    mode

    Deals With

    policy_no

    cus_no

    risk_date

    due_dt

    Maturity
    amt_due

    policy_no

    LICCCCCC CC

    receipt_dt

    cus_no

    E-R Diagram

    CONCLUSION
    The

    system is able to provide much information like policy, maturity, commission etc. system also allows us to add, modify and delete record of the project has been designed to ease and faster access of data regarding various aspects in life insurance policy handling. It also generates the reports of all the policies, customers, maturity etc.

    The

    LIMITATION
    This system is developed considering only one Insurance Company, which means that the agent can maintain the details of customers of only one company. He can enter the details of other companies policy, but he will not be able to make a distinction among the policies of different company. This is the major limitation of this project. Only one Life Insurance Company exists. This system is not implemented on-line. As the system is not on-line, therefore customers cannot take the reports regarding their policies as and when they require.

    FUTURE ENHANCEMENTS
    This system can be further expanded by adding a company table in which all the details regarding the companies will be stored. We can then attach this table to our table in which all the details relating to policies are maintained. By adding the module of company the agent can maintain the details of customers of more than one company. Some of the work which can be further done on this project is as follows: Addition of a company table and a module for it. This system can be implemented on-line. As the system will become on-line, therefore customers can take the reports regarding their policies as and when they require.

    Happy Ending!!!!
    LIC

    is Indias no. 1 insurance company Major stack in insurance Sector Largest no. of customers No. 1 brand for insurance of any kind Effective work force and best human capital Ideal choice for employee to work

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