LIFEfit business functionality - for complete product lines

UNIT ACCOUNTING

Now, deferred, bare bid and offer, valuation

Real and virtual, unlimited numbers and currencies

Partial & full switches, withdrawals & surrenders

Variable costs and fees, internal and external

Unit movements, accounting, statements, ad-hoc and by policy frequency

Initial, accumulation, funded, bonus

Fully detailed by transaction
Double entry internal ledger
Controls and reporting
Complete audit trails

Fully automatic interface to corporate general ledger
Multi-currency

Detailed ledger, journal and control, cheque printing
Ad hoc

Interfaces with standard actuarial modelling packages for valuation and profit testing.