p1 life for life insurance runoff

p1 life for life insurance runoff

 

    p1 Life for Term Life Insurance Runoff

    We set out to develop one of the most robust life insurance data management systems available and to provide it at a fraction of our competitors' cost. We offer our clients a complete integrated solution including advanced features such as electronic funds transfer (EFT) and credit card premium processing and collection as well as customizable insured letter correspondence creation.  Letters are generated and daily printing.  They are then written to our imaging storage & retrieval system (DocuRead) which provides customer service with easy access to all correspondence via our Policy Administration module.

    Our system is a total solution which includes the following key features:

    p1 Runoff Life Insurance Software Features

    p1 Runoff Life Insurance Software Features

    ADMINISTRATION AND QUOTING

    Policy and Customer Administration, for the United States, the UK, and Spain

    Automatic Policy Quoting and Rating in all 50 states

    Automated correspondence

    Customizable Letters & correspondence

    Automatic and Ad/Hoc Generation of letters and correspondence in both English and Spanish

    Automatic & Online Policy Expirations, Cancellations, & Reinstatements with related automated correspondence

    REPORTING

    Report generation & Bureau reporting

    DOCUMENT MANAGEMENT

    Online retrieval of all correspondence at the touch of a button with DocuRead document management integration

    BILLING

    Four Billing Modes: Monthly, Quarterly, Annual, Semi-Annual

    Automatic Billing via EFT (Electronic Funds Transfer) and Credit Cards

    Cash Application which includes cash suspense logic to handle over and under payments

    CASH MANAGEMENT

    Easily manage cash receipts and distributions from within the p1 Life system.

     

    Reinsurance Life Insurance Software Features

    Reinsurance Life Insurance Software Features