What types of Universal Life products can be modeled in the AXIS Universal Life Module?
Variable Universal Life and Equity Indexed Universal Life.
What guarantees can be modeled in the AXIS Universal Life Module?
Specified premium and shadow account no-lapse guarantees.
How does the AXIS Universal Life Module handle investment accounts?
It supports multiple policyholder investment accounts of various types.
What kind of policy features does the AXIS Universal Life Module include?
Policy loan modeling, multiple reinsurance treaties, and modeling policy riders with the base policy.
Can AXIS Universal Life handle multiple lives?
Yes, it supports multiple life policies and multiple decrement assumptions.
How does the AXIS Universal Life Module model policyholder behavior?
It includes behavior modeling for lapses, withdrawals, and other dynamic actions.
What is Dynamic Valuation in AXIS Universal Life?
A process that adjusts assumptions and calculations dynamically based on scenario or policyholder experience.
