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The VPAS® Life application supports many types of life insurance and annuities products and markets.

Insurance Products Supported

Fixed and Variable Universal Life

Traditional Life

Term Life

Fixed and Variable Deferred Annuities

Life Insurance Markets Supported

Individual

Corporate Owned (COLI) and Bank Owned

Private Placement

Multiple Carrier and Producer Driven (Virtual Insurance Company

Annuities Markets Supported

Non-qualified

Qualified: IRA, Roth, 403(b), etc.

VPAS® Life Highlights

Easy product setup and implementation, enabling you to deploy products rapidly, and simultaneously deliver customer satisfaction that exceeds expectations

Reusable business objects, enabling you to design multiple life insurance products with minimal programming and virtually no regression testing

Simple security setup for various levels of users and groups, and dynamic menus that can be configured or removed based on client or region

Detection and recovery of errors in the Daily Events Processor, Reports Processor and the user interface

Policy administration for such functions as new business setup, agent/agency definition, billing, remittance, surrenders, loans, investments, and so forth, compliance testing and undo/redo capability

Generation of standard/custom reports and extracts from import/export interfaces

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For more information about McCamish Systems, please contact our Sales & Marketing group at Solutions@McCamish.com or call 800.366.0819.
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