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QL.Admin
policy maintenance provides automated processing for surrenders, deaths,
lapses, etc. Accounting extracts are generated where appropriate.
QL.Admin
furnishes calculations for all policy administration transactions, including:
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Cash Surrenders
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Extended Term Insurance
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Reduced Paid-Up
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Automatic Premium Loan
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Deaths
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Lapses
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Cancellations
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Reinstatements
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Suspend Status
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Policy Loans and Payments
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Dividend Accumulation Withdrawals
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Annuity Withdrawals
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QL.Admin
will print before and after policy information pages which also show who
performed the transaction, when it was made, and any applicable accounting
information. A system configuration option provides for automatic creation of a
policy memo to record additional information during policy maintenance.
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