Scheme Costing/Quotation
The module has facilities for:
-Processing pension scheme costing request data as per the cover types required by Company Namely:
-Endowment, Pure Endowment and Group Life.
-Endowment, Deposit Administration and Group Life.
-Endowment, Group Life and Past Service etc.
-Handling different cover types.
-Maintaining databases in respect of:
-Costing details
-Rate tables.
-Computing and generating quotation reports
-Transferring accepted costing details into the Scheme / member database in the scheme renewal module.
-Providing inquires on the costing database
Group Claim
Main features include:
– Processing reported / paid advice in respect of:
* Death Claims
* Retirement benefits
* Maturity benefits
* Withdrawal benefits
* Paid-up benefits etc.
– Maintaining a database on
* Outstanding claims / benefits
* Claims history
* General Ledger accounts posting
– Computing and generating standard and ad-hoc reports:
* Death Claims
* Claims schedule
* Paid-up calculation schedule
* Outstanding claims reports
* Miscellaneous reports
– Generating inquires on screen for viewing and possibly
Printing on:
* Outstanding claims database
* Paid claim / benefits database
Group Life Ledger
The Pension Ledger Module has the under-listed features:
– Processing of
* Premium / commission details from the renewal module
Interface database
* Claims due/paid from the claims module interface database