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Information & Articles
Directory of Providers of Life Illustration Products
Some life insurance is relatively basic, but many products offer a variety of features which can impact the cost and value of an insurance policy, especially one which has an investment or savings component to it. In order to show or illustrate for the prospective purchaser the implications of various assumptions about interest rates and investment returns, a number of sales illustrations are often used.
Some features of such policies may have a cost associated with them, and illustrations need to calculate the impact of these as well.
Some prospects already have an insurance policy, which they may consider upgrading. Again, illustrations need to be able to include the impact of in-force insurance on a decision to make changes.
Articles and Announcements
Directory of Providers of Life Illustration Products
Contact info.
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Head office: Toronto serves: Canada |
illustration software for all types of life insurance in Canada |
illustrate inc offers a comprehensive new business and inforce policy illustration solution. Flexible and easy to use, its component-based architecture ensures rapid deployment of new products and efficient customization and update. In addition, illustrate inc. offers iPOS, (Insurance Point of Sale) a flexible launchpad designed around a sales-oriented workflow that allows agents to initiate virtually any application from one convenient place.
- Standalone desktop or web-based platforms
- Rules-based architecture
- Components:
- Ultimate Calculation Engine
- Product Business Rules Editor
- SuperFlex Rate Files Editor
- Ultimate Report Editor
- Support for a wide range of life insurance products
- Policy administration systems integration
- Industry guideline-compliant
- Multilingual support
- Dynamic error handling
- Advanced sales concepts tools
- On-the-fly charts and graphs generation
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Novinsoft Inc.
Contact info.
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Office in Port Perry ON
serving all Canada |
Illustration Systems Sales tools Insurance Portal |
Novinsoft Inc. is a leading developer of New Business and In-Force Insurance Illustration Systems, Needs Analyses, Sales Concepts, and Wealth Management sales modules, (web-based or desktop platforms), for the Financial Services industry.
Novinsoft’s Insurance Portal is also ready for use, by distributors of individual life insurance, to perform:
- Multi-carrier Universal Life illustrations and comparisons
- Sales Concepts integrated with multi-carrier carrier UL calculation engines
- Needs Analyses
- Calculators
- Forms
- Client Management
- and more...
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