kindly Read through abstracts,copy edith and give to your surpervisor....
PROJECT TOPIC: DESIGN AND IMPLEMENTATION OF A COMPUTERIZED INSURANCE APPLICATION AND REGISTRATION SYSTEM
Department: Computer Science
FORMART: MS WORD
PAGES: 89 pages, abstract, chapter 1-5 , APENDIX A source code and APENDIX B output, well reserached and supervised
Get Complete Work
Insurance is a promise of compensation for specific potential future losses such as damage, illness or death in exchange for a periodic payment. It is designed as a risk management mechanism to protect the financial well being of an individual, company or other entities in the case of unexpected loss.
Some forms of insurance are required by law while others are optional. 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 such as life insurance, health insurance, auto insurance, property insurance, travel insurance, etc. This project centers on auto or vehicle insurance.
Vehicle insurance is an insurance policy purchased for cars, trucks and other road vehicles. The primary use is to provide financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise therefrom.
Auto insurance is the most widely purchased type of insurance coverage. It is applicable to all types of automobiles and their drivers. It covers physical damage caused to your vehicle and other vehicles you might come in contact with. It offers liability protection. This means that if you are involved in an accident and another person is injured, your vehicle insurance policy will cover a portion of the person’s medical expenses.