The Value of Documentation to Property Claims Losses

Most people purchase Life Insurance in an attempt to reduce the financial pressure on loved ones and other beneficiaries when someone dies. However, many individuals fail to realize the Living Benefits found in Life Insurance contracts. Explore benefits the policy owner may take advantage of while still alive. Examine how Cash Values in policies are created, and how they can be extracted by a living policy owner in the most tax advantaged manner. Review the tax consequences of Qualified Retirement Plans. Discover how a business can use the Living Benefits of a Life policy to recruit, retain and reward key employees in a business, as well as to allow the business owner to move business dollars into their personal account for retirement. Briefly review various Life Insurance Riders to focus on their Living Benefits, Viatical Settlements (Life Settlements), and the Annuity side of life contracts.

Ephesoft Smart Capture® can positively impact claim processing for the insurance industry, particularly in conjunction with an automation platform like an RPA system. According to the National Association for Insurance Commissioners, last year written insurance premiums in the US came to $1.15 trillion dollars. With nearly every person in America purchasing at least one insurance policy, competition for business is incredibly intense.

Over this four-part webinar series, we’ll be doing a deep dive into each aspect of the customer experience, revealing research findings and discussing them with a panel of industry experts. Webinar attendees will receive priority access to the exclusive research report.

Insurance is an important factor in most commercial and property transactions. Many aspects of insurance law have been evolving rapidly in recent years. Legislative reform is also now likely.This webinar will examine current issues associated with professional indemnity insurance, subrogation claims, and the implications stemming from the Ministry of Business, Innovation and Employments insurance law reform project.