- On-line policy value quotes including account value, cash value, loan values, death benefits, maximum loan, and withdrawal amounts,
- On-line client reporting, including ad-hoc policy activity and accounting transaction history,
- On-line policy valuation history reporting, and
- Contractual changes.
The system currently supports the following life products:
- Onshore and offshore private placement,
- Variable and general account survivorship,
- Variable and general account universal life, and
- Traditional participating life.
The security in the system has been designed to allow only authorized users access to their data. Access to sensitive data such as confidential client information can be restricted (by role) to select individual users.
The Data Life Policy Administration System Requirements
I. General Case Tracking
Case Types and Status
Plan Riders, Benefits, and Options
Notes, Attachments, Email, and Case Tracking .
Automatic Calculations and Validations
Other Case-Specific Data
II. Requirement Tracking
III. New Business Forms Management
IV. Policy Issue
V. General Policy Administration
VI. Commission Processing
VIII. Premium Collection & Application
IX. Policy Accounting
X. Contractual Change Processing
Address and Phone Number Changes
Option and Rider Changes
Billing Information Changes
XI. Cash Suspense Clearing
XII. Separate Account Administration
XIII. Policy Page Printing
XIV. Policy notices
XV. Annual Statement Printing
XVI. Policy Loans & Loan Repayment
XVII. Death Claim Processing
XVIII. Partial Surrender (Withdrawal) Processing
XIX. Full Surrender Processing
XX. Policy Lapse with Non-Forfeiture Processing
XXI. Policy Dividend Transactions
XXIII. Reserve Calculation
XXV. Letter Generation
XXVI. Electronic Mail Integration
XXVII. Integrated Illustrations
XXVIII. System Security
XXX. System Requirements
Data Life Associates Customer Care Policy
Whether a single person or a large corporation, Data Life Associates strongly believes that taking care of its customers has to be a corner stone of all its activities.
We are committed to providing the highest quality service, delivered responsively and cost effectively by well-informed professionals who take pride in what they do.
If you have any comments regarding Data Life Associates' commitment to its Customer Care Policy please feel free to contact our President, Simon Jacob.
Data Life Associates, Inc.
Attn: Simon Jacob
500 Bloomfield Avenue
Verona , NJ 07044
United States of America
Tel:+1 973 239 7500 x226