AGILIS Life supports a wide range of Individual and Group Life Insurance products, such as:

• Pure term products
• Whole life products
• Endowment products
• Unit linked products
• Universal life products
• Waiver of premium riders
• Health riders
• Critical illness riders
• Accident benefit riders
• Income protection riders

The system covers a wide range of daily operations and processes of a life insurance company:

• Product Configuration – creation of new products by business users with minimal or no intervention from the IT team or IT vendor
• Channel Management & Commissions which works closely with new business, products, premium management and policy endorsements to service the channel members effectively
• New Business – from sales illustration to
• Underwriting – both automated and manual with definition of complex underwriting rules
• Premium Management
• Policy Endorsements/ Alterations – both financial and non-financial initiated through various channels
• Benefit Payments Management – flexibility in defining various benefit parameters, such as events, verification rules, etc.
• Reassurance Management with all types of arrangements supported
• Month End Processing
• Management Information
• Marketing & Communications
• Risk & Compliance

• Group Definition
• Master Policy Definition for Group business
• Headcount Setup for Group business
• Schemes Definition and linking to groups.
• Product and Plan Definition under Schemes for group
• Billing Account Definition for group
• Benefit Definition at Scheme Plan level for group
• Scheme Cloning and Product Cloning across group
• Group Rule Definition
• Single Policy Family Cover for group policy
• Provider Rebate for group policies