LIFEfit policy servicing

Web-based

Do anything anywhere:

• bank assurance
• agents
• direct clients

in different offices, countries, languages
full Internet capability
one system, one installation

Status Changes

Automatic and manual
Audit trails - policy counts, data changes, audit logging reports

Status History

Status changes automatically logged. Reports

Underwriting

Policies are automatically placed in underwriting, and need to be formally signed off before issue.

Endorsements

One click from the policy screen, with date, amounts, status

Client / Agent communication

Letters are generated automatically for each relevant process; no need to re-type them each time. Send letters & reports to clients or agents - by post, e-mail, fax or SMS. Correspondence is stored automatically on the policy & can be seen any time.

Claims

Withdrawal, surrender, partial surrender, death, maturity, waiver
Integrated general accounting includes loan & dividend adjustments, withholding, charging structures & penalty calculations

Income Payments

Annuity, disability, distribution and any regular payment

Policy Enquiries

On-line real time
Accounting, premium, commission, client details, funds, units, deposit interest history, projections, future events, correspondence, valuation

Payment collection methods

Telegraphic Transfer, Standing Order, Direct Debit or BACS, Cash, Cheque, Credit Card, Smart Card, Maestro, SWIFT

Charges

Administration, maturity, initial fee. Charges structure. Admin charges payments

FIT Ltd