Policy Management

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