The Life Insurance Corporation System is a comprehensive web-based system that helps life and non-life insurance companies conduct core business functions. It handles key insurance processes like product definition, policy administration, claims, quotes, and reinsurance. The existing manual system is time-consuming, so this system was introduced to automate insurance operations. It allows customers to provide information, get rate quotes, and choose plans. Employees can update expired policies and customers can claim losses by submitting details. The system has administrative, employee, and reports modules.

1. Life Insurance Corporation System
AIM:
The aim of the project is to help life and non life insurance companies to conduct their core
business functions.
PURPOSE:
Life Insurance Corporation System is a comprehensive web based system that helps
life and non life insurance companies to conduct their core business functions. This is developing
a management System for a company involving or having their business in insurance domain.
DESCRIPTION:
Life Insurance Corporation System is a comprehensive web based system that helps
life and non life insurance companies to conduct their core business functions. This is developing
a management System for a company involving or having their business in insurance domain.
Life Insurance Corporation System is an application developed using j2ee technologies around
the insurance policies and automation of processes in any insurance company .It handles all the
key insurance functions, including product definition, handling of policies administration,
claims, and Quote generation, Reinsurence, Accounting.
EXISTING SYSTEM
In the present scenario, the insurance policies are through agents and it is manipulated in
manual process. This time taken process and to avoid the problem Life Insurance management
System was introduced.
PROPOSED SYSTEM
Head office: 3nd
floor, Krishna Reddy Buildings, OPP: ICICI ATM, Ramalingapuram, Nellore
www.pvrtechnology.com, E-Mail: pvrieeeprojects@gmail.com, Ph: 81432 71457

2. This project is useful for an Incurrence company. A Customer comes to the company, gives
his/her personal information and the product related information to the company. The company
then calculated the rate and shows it to the customer. The customer has the chance of choosing
different types of plans. These plans will be granted depending on the customers’age, income,
value etc.The customer will claim his insurance if there might be any loss to his or her property.
He can claim the loss amount by submitting requested details. The employee in the company will
update their record list to delete the expired polices.
MODULES:
In this we have 3 modules
• Admin module
• Employee module
• reports module
Administrator:
He is the governing person of the company. He will perform such activities relating to
Employee Registration, maintain Employee credit and charging interest on the Credit amount
utilized by Employees in the organization who had taken Credit cards.
Employee:
He is the one who is going to utilize the credit card. Here he can register with the
company for credit Card Issue. He can pay the amount to the company utilized by him on Credit
Card. Here he can also Change the Password of his Credit Card.
Reports:
This module allows generation of reports based on various criteria.
Soft Ware Requirements:
Head office: 3nd
floor, Krishna Reddy Buildings, OPP: ICICI ATM, Ramalingapuram, Nellore
www.pvrtechnology.com, E-Mail: pvrieeeprojects@gmail.com, Ph: 81432 71457

3.  Operating System: Windows NT/2000
 Server Side: JSP with Tomcat Server
 Client Side: HTML ,JavaScript
 Services: JDBC
 Database: oracle10g
Hard Ware Requirements:
 Processor : Pentium iii (or) Higher
 Ram: 512MB
 Hard disk: 1GB
Head office: 3nd
floor, Krishna Reddy Buildings, OPP: ICICI ATM, Ramalingapuram, Nellore
www.pvrtechnology.com, E-Mail: pvrieeeprojects@gmail.com, Ph: 81432 71457