STEP Solutions offers comprehensive policy management features for all of your policy needs:
- Manage policies already established on the Policy Administration System
- Manage premiums from various sources such as checks, ETF, etc.
- Manage Policy Benefit Increases/Decreases
- Manage Policy Status Changes
- Manage Premium Notices
- Manage and produce List Bills
- Manage changes in the policy record such as beneficiary or ownership changes
- Maintain Shared Policy Pooling
- Interface with external components such as imaging system, report writers, etc.
- Maintain rate increases
- Produce policies outside the Origination process
- Generate accounting—interface to financial systems
- Create policy notes