ForeSight™ for Life Insurance
Let ForeSight™ help you get the most out of life.
Illustrate all life insurance products and support your sales force with in-force illustrations and advanced sales concepts from a single system.
ForeSight™ Life features:
- Support for all life insurance products
- Variable Universal Life
- Indexed Universal Life
- Universal Life
- Whole Life
- Term Life
- Survivorship
- And more…
- Variable Universal Life
- NAIC and FINRA compliant sales illustrations
- In-force illustrations
- Supplemental reports (product descriptions, underwriting guides, etc.)
- Advanced and middle market sales concepts
- Split dollar, executive bonus
- Deferred compensation, SERP
- Mortgage cancellation
- Business continuation
- Term policy vs. permanent (with side fund)
- Key person
- And more…
- Split dollar, executive bonus
- Integration with e-applications (FireLight®)
- All premium modes
- MEC premium testing with optional premium reduction or face increase to prevent MEC
- 7702 testing—both guideline premium and CVAT
- LIFO and FIFO taxation
- Scheduled distributions: surrenders/withdrawals, loans, withdrawal to basis and switch to loans
- Conversions and 1035 exchanges
- Scheduled death benefit and death benefit option changes
- And more…
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