QLAdmin Life Insurance Policy Administration

QLAdmin provides comprehensive processing for the entire policy lifecycle, and supports a wide range of traditional and interest-sensitive life, life riders, health, annuity, and supplemental products.

User-Friendly Policy Administration

Experience full policy administration processing throughout the policy lifecycle with QLAdmin, including real-time financial processing and automated daily system cycles. Intuitive menus and functions support all lines of business in a multi-company environment, with user-friendly tools for flexible plan code maintenance, quick product rate updates, easy form and document management, and customizable agent and commissions management.


Let QLAdmin help you save time managing your current business so you can focus on meeting your future goals. Contact us to schedule a demo and to discuss the benefits QLAdmin can bring to your operations.

Insurance Products Supported

 

  • Traditional life insurance and riders
  • Whole Life, single premium WL, and interest sensitive WL
  • Universal Life
  • Regular, MYGA, SPIA, and MVA annuities
  • Major medical and hospital indemnity
  • Medicare Supplement insurance and claims auto-adjudication
  • Preneed and final expense insurance
  • Supplemental health products
  • Voluntary and worksite benefits

 

Key Policy Administration Features

 

  • New business import, underwriting, and policy issue
  • Billing and premium application for individual, group, and list bill accounts
  • Policy service, maintenance, and claims
  • Multi-company environment for blocks of business
  • Agent and hierarchy management
  • Commissions, payments, and statements
  • Annuity management and scheduled withdrawals
  • Product, plan, and rate file maintenance
  • System configuration and processing rules
  • Accounting integration to multiple packages
  • Documents, forms, and correspondence management
  • Policy and agent reporting
  • Reserve and valuation reporting
  • IRS 1099/5498 reporting
  • Policy, agent, and user transaction audits
  • User security settings and template

 

Complete Policy Administration

Comprehensive processing from initial issue and billing to policy management and claims. Full valuation, tax documentation, and reporting come complete out-of-the-box.


Additionally, QLAdmin enables document and forms management, accounting file exports, and third-party integrations for e-apps and other tools. QLAdmin has all your needs covered.

Graphic diagram of QLAdmin Solutions Policy Administration Lifecycle and supportive tools.