SOLUTIONS

... for life & pensions functions

Payments / Billing


Examples of how problems faced by each function within a life insurance company are solved with FIT solutions.

Your problem   ...is solved with the FIT solution:
     
Collect premium
Send payment reminders
Send receipts
Set payment rules
  Automated payment collection Parameterised system - you define the payment rules - eg. DD or Credit Card collection / rejection; automated / manual
     
Answer premium questions from client, agent or advisors   Premium track on the policy screen
     
Reject payments   Send letters for rejections – automated
     
I have three different systems for payment transactions   Interface to outside systems - eg. LIFEfit tells Credit Card system to collect premium from Bank
     
What happens if we join the EU / euro? We need different currencies.   Multi – currency embedded throughout transactions
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