The Data Life illustration software was developed to provide carriers with a flexible and accurate sales tool that can make a good product look even better in an increasingly competitive and dynamic market.
The user-friendly interface provides point-and-click menus and extensive help screens that provide an intuitive environment for anyone with minimal insurance background and computer skills.
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The system currently supports the following fixed and variable products:
- Term,
- Traditional & Participating Life,
- Universal Life,
- Variable Universal Life,
- Survivorship,
- Interest Sensitive Life,
- Private Placement,
- COLI,
- Annuities,
- Long-Term Care and
- Disability Income.
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Another key feature to the system is the ability for an authorized home office user, typically an actuary, to make changes to the product factors for pricing and other analysis.
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The illustration system is written in Visual Basic.
The following pages contain some representative screens in the system.
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