Features of Illustrate Plus
Illustrate Plus is a flexible illustration and quotation system driven by variable and configurable calculation parameters. These parameters can be used to define new or modify existing variations. The parameters are stored and structured in the Product Development Application (PDA) database, which is connected to the calculation engine and can be configured and maintained manually.
Benefits of Illustrate Plus
Illustrate Plus supports full online web enabled quotations for new and existing business provided either through Financial Advisors, Customer Services or Client Self-Servicing over the internet. Online underwriting can also be facilitated either through the inclusion of basic underwriting within the quotations calculations or through interfacing to other external specialist online underwriting solutions. Our illustrations software enables both parties to be involved in setting the assumptions and allowing them to get a quick understanding of the financial effects of varying those assumptions on their pension or life insurance policy.