Straight Through Process Platform for non-med term life

1. elife, LLC is based in Shelton, CT, the eLife LLC management team is made up of insurance industry veterans specializing in Product
Design, Insurance Technology, Underwriting, Distribution and Reinsurance. www.elifesolutions.com
Non-Med Term Life Platform
Complete End-to-End Process
An efficient and seamless digital platform based on an award-winning design enabling
straight-through-processing. The eLife platform is completely web-based; from
introductory web portal >application >payment gateway > final underwriting > policy
issue > e-policy delivery and transferring the complete transaction file electronically into
the carrier admin system in real time. Robust analytics allows for instant review of block
characteristics.
The simple and intuitive user interface allows the agent and consumer to complete the
application on a smart phone, tablet, laptop or desktop with a term life policy in-force in
as little as 15 minutes.
There are options in the market for carries to access underwriting decision engines but
they do not include the functionality to move the prospect all the way through the
process. eLife’s platform has it all and is issuing policies today!
Configurable, Flexible and Low-Cost
The carrier has total flexibility in setting underwriting guidelines, applications, forms and
pricing. The eLife platform can issue a decision and policies for multiple classes with rates
and face amounts determined by the carrier. All of which can be adjusted to swiftly allow
carriers unique flexibility to thrive in an ever-changing market environment.
Administrative costs of enrollment and processing of the application are minimal - a
fraction of typical term life product expenses. Plus, eLife is reinsurer agnostic giving the
carrier total flexibility in choosing risk partners.
Digital Underwriting
Third Party Database interfaces for Rx, MIB, IAI, MVR for real-time decisions. More to
follow – eLife is continuously looking to increase and upgrade available information to
improve protective value for carriers. Gated logic and post-issue quality assurance
program protects carriers from anti-selection. eLife’s comprehensive agent training
program keeps agents informed and accountable.
Schedule a Demo!
Let us show you how the eLife platform can work for your firm. Contact us to schedule an
online demonstration:
eLife LLC, a visionary InsureTech company specializing in the distribution of Non-Med Term Life products presents a
breakthrough digital life insurance program designed with an entirely paperless application and approval process. The
Platform architecture and delivery enables carriers and agents to serve middle market insurance buyers easily and cost
effectively. The eLife Platform is available for Consumer-Facing and Agent-Assisted designs. eLife is actively seeking
new carrier relationships to broaden distribution and develop the middle market for Life insurance.
Fully functioning end-to-
end platform issuing
policies today!
Underwriting decisions
rendered instantly with
prospects able to move
through the process
from application to
issued policy in as little
as 15 minutes.
eLife technology opens a
pathway to the massive
middle market
opportunity.
Efficient and low-cost for
both carrier and sales
agent.
Comprehensive set of
real-time analytics
allows the ability for
continuous evaluation of
the business.
Key Features
eLife, LLC Contacts:
Walt Roland - walt.roland@elifesolutions.com - (203) 856-0143
Chris Snyder - chris.snyder@elifesolutions.com - (814) 449-1020