A life insurer has set up an Internet-based service that producers can use to prepare sales presentations and monitor in-force policies.
Pacific Life Insurance Company, Newport Beach, Calif., says the new Planned Performance Tracking system can help producers compare life and annuity products quickly.
The Web-based system also can schedule automatic in-force illustrations and issue reminders for illustrated policy changes, such as moves to change the death benefit option in future years, Pacific Life says.
The site also features a policy-tracking report that compares the original policy projections to how the policy is actually performing at that moment, the company says.
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