LIFEfit business functionality - for complete product lines product range | client database | new business | policy servicing | premium accounting | agency & commission | unit accounting | general accounting | actuarial valuation
POLICY SERVICING
In this section: status changes | status history | underwriting | endorsements | charges | client /agent communication | claims | income payments | policy enquiries | payment collection methods
Status Changes
Automatic and manual
Audit trails - policy counts, data changes, audit logging reports
Status History
Status changes automatically logged. Reports
Underwriting
Automatically place policy in underwriting. Needs to be formally signed off before the policy is issued.
Endorsements
One click from the policy screen, with date, amounts, status Charges
Charges
Administration, maturity, initial fee. Charges structure. Admin charges payments
Client / Agent communication
Generated automatically for each relevant process; no need to re-type them. Send letters & reports to clients or agents - by post, e-mail, fax or SMS. All of these are stored automatically on the policy or client file & can be seen any time. |