In our first quarter of 2008:
Manulife
Financial released Version 11.0 of the Diamond View Illustration
System with the more than ordinary whole life product Performax
Gold. The flexible and unique policy features include:
- insure up to 20 people on one policy
- increase or decrease existing coverage or add new coverage
- build value with additional payments
- payment offset plan
- accumulation fund
- performance credit options
- tons of riders and benefits
AXA
Assurance released version 5.0 of the AXA Illustration Software.
This release includes the addition of a new Guaranteed Issue Disability
Insurance Product in case of accident – AcciGuard.
Scotia
Life International added AIP (Automatic Increase in Regular
Premium) to their latest release - a feature to boost the number of
customers who increase their Regular Premiums by automating the process. If
selected by a customer, it will automatically increase their Regular Premium
on an Annual basis. This will result in customers reaching their savings
targets, enhance profitability and improve the Scotia (Jamaica) Life market
position.
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