JAGANNATH UNIVERSITY Assignment On

Theory and Practices of Insurance Course Code: 3202 Topic: Life Insurance

Prepared for: Niluthpaul Sarker Lecturer Faculty of Business Studies Department of Accounting & Information Systems Jagannath University

Prepared by: Group Name: Angel Batch: 3rd Section: B

Department of Accounting & Information Systems Faculty of Business Studies Jagannath University

Date of Submission: 18 November, 2011

Group Profile:

Group - Angel
We are..

No

Name

Roll Number

Designation

01

Nazmul Arafat

06691033

Leader

02

Rumana Islam

07882224

Ass. Leader

03

Tareq-Bin-Jalal

0661040

Member

04

Md. Abdur Rahman Rony

07882356

Member

05 06 07 08

Sayeda Marufa Islam Jahirul Islam Sayem Sanjoy Basu Nahida Afroz

07882360 07882410 07882318 07882358

Member Member Member Member

Table of Content:
No 01 02 03 04 05 06 07 08 09 10 11 12 Particulars Meaning of Insurance Nature of Life Insurance Contract Classification of Policies Meaning of Annuities Classification of Annuities Meaning of Mortality Table Construction of Mortality Table Meaning of Premium Calculation of Premium Meaning of Surrender Value Bases for Calculating Surrender Value Forms of Payment of Surrender Value Page No 01 01 07 13 14 17 18 24 25 28 29 32