Life Insurance Management System: ITECH 7415 Project Report

This project report presents a comprehensive analysis of a Life Insurance Management System developed by a team of students, as part of the ITECH 7415 course. The report meticulously outlines both system and customer requirements, emphasizing the need for an automated system to streamline insurance processes. It includes detailed diagrams such as Entity Relationship Diagrams (ERD), Infographic Diagrams, and Process Flow Diagrams to visually represent the system's architecture and functionality. The project is structured around user stories, categorized to define the functionality of the system, including applying for insurance, document identification, policy delivery, and payment processing. The project deliverables, organized into sprints, include storyboards, retrospectives, a project thesis, demonstration, and write-up, culminating in a conclusion that highlights the system's benefits in terms of efficiency and improved management. The report also provides individual contributions from each team member, detailing their roles and responsibilities within the project.

ITECH 7415 Life Insurance Management System
ITECH 7415
Manveen Kaur
Paramjit Kaur
Jatinder Kaur
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ITECH 7415 Life Insurance Management System
Project Title:
Life Insurance Management System
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ITECH 7415 Life Insurance Management System
Table of Contents
Executive Summary...................................................................................................................4
Introduction................................................................................................................................5
System and Customer Requirements.........................................................................................6
System Requirements:.............................................................................................................6
Customer Requirements:........................................................................................................7
Diagrams related to Project........................................................................................................7
Enitity Relationship Diagram (ERD):....................................................................................7
Infographic Diagram:............................................................................................................8
Process Flow Diagram:.......................................................................................................10
Overview Diagram:..............................................................................................................10
Backbone or User Stories:........................................................................................................11
Project Deliverables:................................................................................................................12
Conclusion................................................................................................................................13
Appendix [A]...........................................................................................................................14
Sprint Overview of Individual..............................................................................................14
Appendix [B]............................................................................................................................16
Revised and Detailed User Stories.......................................................................................16
Appendix [C]............................................................................................................................19
Project Gantt Chart:.............................................................................................................19
References................................................................................................................................20
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ITECH 7415 Life Insurance Management System
Executive Summary
Life insurance management system is the venture manages the activities related to the
assurance of the people. All the information and data get the ball really rolling which giving
any security technique to any association, any individual, or some other thing, for instance,
vehicles, structures, etc can be saved into the data set for which prophet is used as a backend.
Later on, the insurance holder for anything or assurance holder customers can see the nuances
moreover using their login nuances. For the remainder of the customers, the information of
each other will keep hidden. This project is carried over into 3 sprints with the different user
stories studied by every member of the project. It enhances the team working capabilities and
skills. We also studied about the stories and their working mechanism in depth to find the
best solution from the similar or previous version of the system. They helped us a lot in
visualising the project but also encouraged us to provide better solution out of their flaws.
This report is a collective observation of all the members in the project for the proposal.
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ITECH 7415 Life Insurance Management System
Introduction
The insurance management system shows the requirements to screen subtleties of its
objective affiliations, aces, policyholders, their top of the line partitions, and the different
things that are unguarded with it. In this way, it is feeling the squeeze keeping up their
standard exercises, which is right as of now being done genuinely.
Whole records must be restored great, even a slight misconception could catch things. It is
unfathomably hard to oversee mass information since human memory is more fragile than an
electronic accessory. It is dull, to sum up, these subtleties to make the reports.
The Insurance the board framework is a finished reaction for affiliations, which need to
regulate affirmation for their vehicles, hardware, structures, and different assets. Geniuses
and tracks affirmation sellers and the frameworks gave under various thought. Protection
strategy affiliation framework incorporates mathematical documentation that gets the
relationship among courses of action and questions and the segments that immediate
blueprints for those articles. In this manner, there is a need for a robotized framework, which
can proficiently coordinate the affiliation, records, gives second access, and one that
improves capability. Because of this robotized framework, the exercises of the affiliation are
performed inside the foreordained time and the solid and beneficial help is guaranteed to its
clients.
The proposed framework is for making simpler to oversee strategy holder subtleties,
specialist subtleties, strategy subtleties, petitioner subtleties and instalment subtleties. So, this
will be created for dealing with the protection the board framework. The general framework
is control through the fundamental menu.
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ITECH 7415 Life Insurance Management System
In the proposed framework, all the work will be digitalized and is done by means of PCs and
web. All the insights about the protection holder and plans will be included by means of PC
and the data information is being spared in workers. Reinforcement ought to be there in the
event that if by chance any of the data will be lost.
Time devour will be decreased and clients will get any simple method to get to their
protection related data and new forthcoming plans. Clients simply need to tap on the fasten
and simply need to hang tight for certain minutes and they get a simple admittance to their
data.
System and Customer Requirements
System investigation or analysis centres around indicating for what the framework or the
application is needed to do. It permits the people to see the coherent components (what the
framework ought to do) aside from the physical segments it utilizes (PCs, terminals and
capacity framework). It is the way toward social affair and deciphering realities, diagnosing
issues and utilizing the data to prescribe enhancements to the framework.
This ought to contain both the requirements, for the developer as well as the customer while
venturing or applying in the insurance management system:
System Requirements:
 A Handler Device like Smartphone with the accompanying openness and equipment:
 At least 1 GB RAM
 Storage up to 256 MB
 OS adaptation 5 or more
 Alternatively, a handler gadget like Computer or Laptop with following detail:
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ITECH 7415 Life Insurance Management System
 At least 1 GB RAM
 Storage up to 10 GB
 Any OS rendition
 Supporting Web Browser, state Chrome or Firefox
Customer Requirements:
This considers the data or documents which a client should carry with himself for complete
process in applying for the insurance.
 Physically, a client ought to have:
 Identity Documents to apply protection
 Pay Slip
 Background Certificate
 Bank Statement and Book
Diagrams related to Project
This includes all the relating diagrams which describes the project as a whole:
Entity Relationship Diagram (ERD):
This diagram has three main entities who plays a vital role in the project. They are:
 Agent: who helps in issuing the insurance from the corporation.
 Claimant: who claims the insurance policy from the corporation.
 Policy Holder: this entity is already within the corporation with the existing policy
and their attributes.
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ITECH 7415 Life Insurance Management System
Figure 1: ERD of Life Insurance Management System
Infographic Diagram:
This gives an overview about the information and need of the insurance and its system.
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ITECH 7415 Life Insurance Management System
Figure 2: Infographic Diagram
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ITECH 7415 Life Insurance Management System
Process Flow Diagram:
This will show the workings will happen in the system.
Figure 3: Process Flow Diagram
Overview Diagram:
This provides the overview of the system
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ITECH 7415 Life Insurance Management System
Figure 4: Overview Diagram
Backbone or User Stories:
These includes all the user stories which are going to happen in the system.
 U1: Characterize Client stories
 U2: Identification of Client Documents
 U3: Apply for Insurance
 U4: Application gets rejected
 U5: Application gets Accepted
 U6: Delivery of Policy Plans
 U7: EMI Plans to Customer
 U8: Looking Up for Previous Policy
 U9: Verifying payment capability
 U10: Property Verification
 U11: Confirmation of Policy scheme
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ITECH 7415 Life Insurance Management System
 U12: Incentives to Insurance Agents
Project Deliverables:
The project is delivered in steps. These steps help in better identifying and understanding the
system with the step by step phase. Each deliverable is checked and approved by the project
supervisor. Here are the deliverables with respect to time:
 Project Storyboard or Roadmap
 Sprint Retrospective
 Sprint retrospective 1 with PPT and video of each individual.
 Sprint retrospective 2 with PPT, Questionnaire ad video for each.
 Project Thesis
 Project Demonstration
 Project Writeup
 Interview
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