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Flexible Enhanced Ordinary Life
Ordinary Life insurance that's modified and enhanced and includes a combination of dividends, purchasing paid-up additions, Term Life insurance. The minimum face amount of Ordinary Life insurance must be maintained, but there is no limit in the amount of Term Life insurance that a policyholder can add. The premium rate per $1,000 will vary since the Ordinary Life and Term Life mix can vary. A minimum rate per $1,000 must be paid, and any time after policy issuance, the policyholder may increase or decrease the amount of Term Life insurance in addition to the extra premiums paid into the policy.
Insurance Industry News from ProgramBusiness.com
Software SolutionsStorefront Owner Custom Insurance Solutions (CIS) http://www.programbusiness.com/tracking/sftracker.asp?Sfid=316 develops and markets software solutions specifically designed for Managing General Agents and Wholesale Brokers. The Agency Information Manager ® (AIM) is a full-feature agency management system designed to increase agency efficiency and productivity. Features include:
Submission Management
Policy Issuance Bordereau Reporting On-line file history – notes, images, e-mails, and documents Full-featured Accounting: Account Receivable, Account Payable, and General Ledger Integration partners include: ImageRight, AMS Rackley Rating, NetRate, InsTec Rating, I-Engineering, FinancePro, Docucorp, Microsoft Outlook, and Crystal Reports. CIS supports the implementation and installation of AIM with on-site training, electronic data conversion, custom programming, and on going customer service and support representatives. If youre a MGA, Wholesaler and program administrator in need of the following we should speak today
Accounting
For more information about CIS products and services. visit http://www.programbusiness.com/tracking/sftracker.asp?Sfid=316.
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