1.11 / Sep 16, 2022
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Description

The trend setter in E-Learning platform. You can learn anythingfrom anywhere.

App Information Expertplus LMS

  • App Name
    Expertplus LMS
  • Package Name
    com.bsetec.expertplus
  • Updated
    Sep 16, 2022
  • File Size
    Undefined
  • Requires Android
    Android 5.0
  • Version
    1.11
  • Developer
    BSEtec
  • Installs
    -
  • Price
    Free
  • Category
  • Developer
  • Google Play Link

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The Motor Accident Calculator is an innovative application usedtodetermine the insurance amount in case of death and injury duetoan accident. The amount is calculated based on thecompanypolicies, considering various parameters such as age,maritalstatus, income, future prospective, deduction, multiplier,loss offuture earning and loss of dependency. The app hasconvenientfeatures that ease the process of calculating the amountthat onecan claim through insurance. Key features of MotorAccidentCalculator: 1. This application acts as the bridge toconnect thegap between the company and the claimer (Client) 2. Theapp allowscalculating the insurance amount owed by the company foreachfamily member of the deceased or injured person. 3. The appuses asimple algorithm and generates accurate values to avoidconfusion.How it works: 1. The app is solely for the purpose ofcalculatingthe insurance amount payable to the claimer. 2. In theClaimProcess, the insurance amount is categorised into two types:Caseof death and Case of injury. 3. The app requires the user tofillin various details of the casualty such as age, maritalstatus,income, future prospective and so on. 4. Once the detailsarefilled in, the app generates the resultant value based on whichtheclaimer can get the insurance amount. 5. The income type isalsocategorised based on Actual income and Notional income.Theinterest amount varies for each income type. Steps involved in:1.Case of Death The user has to select the Date of Birth and Dateofdeath of the deceased person. This information can be usedtodetermine the age of the claimer. Following the age, theusershould fill in marital status- Single or Married and theinterestrate differs accordingly. The next step is to select thetype ofincome. The actual income type is considered as the defaultvalueand it can be changed if required. Then the user has to chooseanydeduction, if applicable. It also changes based on maritalstatus.The last input box requires information related to theclaimer’sage. Once the relevant options are checked in, the appstarts tocalculate the amount and shows the formula and theresultantamount. The app shows an error message in case the userfails tofill any of the mandated input columns. In addition totheinsurance claim, the user can also add insurance amount fortheco-survivors who suffered injuries or if they succumbed todeathduring the accident. 2. Case of Injury The user has to selecttheDate of Birth and Date of the accident. This information canbeused to determine the age of the claimer. Following the age,theuser should fill in marital status- Single or Married andtheinterest rate differs accordingly. The next step is to selectthetype of income. The actual income type is considered as thedefaultvalue and it can be changed if required. Then the user hastochoose any deduction, if applicable. It also changes basedonmarital status. In addition to all the details, the user mustfillin the percentage of damage or disability resulted due totheaccident. The last input box requires information related totheclaimer’s age. Once the relevant options are checked in, theappstarts to calculate the amount and shows the formula andtheresultant amount. The app shows an error message in case theuserfails to fill any of the mandated input columns. The user canalsoadd insurance amount for the co-survivors who suffered injuriesorif they succumbed to death during the accident. Finally,theinterest calculation takes place based on the percentageofinterest and age. Each input box contains an info icon whichholdsthe details of each input box. The app has a highlyuser-friendlyinterface and offers simple navigation.
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