Life insurance products Ontech LifeI ERP administers
Ontech LifeI ERP administers the main long-term insurance product lines sold in Zambia. Each page below explains what the product is, how it is administered, and the policy events the platform handles for it.
- Term LifeHow term life insurance works and how Ontech LifeI ERP administers term policies in Zambia: quotes, underwriting, premiums, lapses and death claims.Answers: Term life insurance administration software
- Whole LifeWhat whole life insurance is and how Ontech LifeI ERP administers it for Zambian insurers: surrender values, paid-up values, policy loans, bonuses and claims.Answers: Whole life insurance policy administration (surrender values, paid-up values, policy loans)
- EndowmentHow endowment policies work and how Ontech LifeI ERP administers maturity benefits, bonuses, surrender values and premiums for life insurers in Zambia.Answers: Endowment policy administration (maturity benefits, bonuses, surrender)
- Unit-LinkedWhat unit-linked life policies are and how Ontech LifeI ERP administers units, fund values, switching, charges and claims for insurers in Zambia.Answers: Unit-linked policy administration (units, fund values, switching)
- AnnuitiesHow annuities work and how Ontech LifeI ERP administers immediate and deferred annuities and pension payouts for life insurers in Zambia.Answers: Annuity and pension payout administration
- Group LifeHow group life assurance works and how Ontech LifeI ERP administers employer schemes in Zambia: member schedules, premiums, renewals and claims.Answers: Group life assurance scheme administration for employers
See Ontech LifeI ERP for your company
Book a demo with Ontech Solutions in Lusaka and see policy administration, claims, Mobile Money collection and PIA reporting working together in one platform.