Project Domain / Category
Insurance is an agreement of compensation for specific possible future losses such as damage, illness or death in interchange for periodic payment. It is designed as a risk management system to protect the financial well-being of a person, company or other entities in the case of accidental loss. Agreeing to the terms of an insurance policy creates a contract between the insured and the insurer in exchange for payments from the insured called PREMIUM. The insurer agrees to pay the policy holder a sum of money upon the occurrence of a specific event. In most cases, the policy holder pays part of the loss called the DEDUCTIBLE and the insurer pays the rest.
There are different types of insurance like life insurance, health insurance, car insurance, property insurance and travel insurance, etc. This project will cover all aspects of health insurance. Health insurance is a type of insurance that pays for both medical and surgical expenses gained by the insured. Health insurance can reimburse the insured for expenses incurred from illness or injury, or pay the care provider directly. It is often included in employer benefit packages as a means of fascinating quality employees. The cost of health insurance premiums is deductible to the payer, and benefits received are tax-free.
1. The system will be fully automated. 2. System will provide online information and application form for registration. 3. This system will allow agents and customers to view and update important information. 4. Policy owners would be able to view and update their personal information, check their agent’s information and family members, etc. 5. Agents will be able to look and update their personal information and view the information about new businesses and commissions. In this way, they will be able to help any policyholder or agent requesting assistance / help. 6. Users will be able to see all insurance plans like premium rates offered by the insurance policies. 7. It will display detailed information about the different types of insurance policies provided. 8. Managers would have access to all modules so they will be able to help any policyholder or agent requesting assistance and would be able to update database with new rates. 9. Provides easy verification of all policies issued.
10. It will minimize multiple fraudulent claims. 11. Both admin and customer shall have different views. i.e. Administrator View and User View
Languages & Tools:
ASP.NET, C#, VB.NET, SQL Server, Visual Studio