Overture is a comprehensive proposal system for life insurance products. It integrates your marketing plan with any type of life insurance product. This includes but is not limited to: Variable Life, Universal Life, Private Placement and Survivorship products. The marketing concepts can range from basic to sophisticated plan designs, including Ledger, Executive Bonus, Split Dollar, Group Term Carve Out, SERP and Deferred Compensation.

Overture is more than just the software you use to create reports; it includes the responsive service and reliability that are required in today's constantly changing insurance market. Overture is a customized solution to your sales illustration needs.

Features:

Plan Designs

• Ledger
• SERP - Defined Benefit
• SERP - Defined Contribution
• Deferral Plan
• 401K Mirror
• 162 Bonus
• Split Dollar
• Group Term Carve out Split Dollar
• Group Term Carve out Bonus

Products

• Variable Life
• Survivorship
• Universal Life
• Whole Life
• Private Placement
• BOLI

Functionality

• Fractional mortality on all plan designs
• Aggregate funding on all plan designs
• TAMRA and DEFRA testing
• Roll out
• Inforce re-projection
• Off anniversary processing

Reports

• Compliance reports
• Commission reports
• Report designer
• Export capabilities
• Single and multiple life reports

Census Information

• Add any input field to the census display
• Customize census for every plan
• Import capabilities
• Export capabilities
• In-force policy integration
• In-force re-proposals and new business proposals integration
• Plan template designer
• Copy and paste from files

Solves

• Target premium
• Target face amount
• Target compliance face amount
• Target loan/withdrawal
• Minimum compliance face amount
• Maximum compliance premium
• Tiered premium
• Corporate premium
• Cost Recovery
• Roll out

Administrative Tools

• Define user groups with different levels of access to features and products
• Filter input fields by user group
• Product wizard allows home office to create new or modify current products
• Ability to automatically update software and/or rates

Overture is a Microsoft .Net based product and has been architected to run on Microsoft Windows desktops.

Obtain a Demo of Overture