LIDP The Administrator

Product Description

The Administrator provides real time comprehensive support for life, health and annuity insurance products. Most functions from sales illustrations and electronic application entry through new business, issue, and policy administration can be automated. Billing, collections, policyholder services, client management and death claims for both life and annuity contracts  are included. The Administrator's Service Oriented Architecture effectively exposes the entire system to Web Services, reducing IT costs and greatly improving speed to market. The system is available 24/7 to enable unrestricted Internet access.
 
The Administrator supports virtually all participating/non-participating life, health, and qualified/non-qualified annuity products including: Universal Life, Variable Universal Life, Equity Indexed Universal Life, Interest Sensitive Life, Ordinary Life, Term Life, 1st and 2nd-to-Die, Disability Income, Long Term Care, Hospital Expense, Major Medical, Indexed Annuities, Deferred and Immediate Annuities, Fixed Annuities, Variable Annuities, Single Premium Annuities, Equity Indexed Annuities, Flexible Premium Annuities, and Payout Annuities, both Fixed & Variable.