Pay
Manage and make scheduled claims payments over a specified period and frequency
Axelerator provides the ability to manage and make scheduled claims payments over a specified period and frequency. Payments are calculated taking in to account taxation requirements, third party income offsets and premium waiver amounts.
Payments are automated by interfacing to existing payment systems. These payments can also be stalled, or held off or partially paid as or when case requirements change.
If a claim is able to be handled and closed with straight through processing, Axelerator can also initiate an automatic payment process to reimburse the claimant and then resolve and close the case without any manual intervention.
Note: Some of this functionality will not be available until a future release of Axelerator Life Claims.
Payments are automated by interfacing to existing payment systems. These payments can also be stalled, or held off or partially paid as or when case requirements change.
If a claim is able to be handled and closed with straight through processing, Axelerator can also initiate an automatic payment process to reimburse the claimant and then resolve and close the case without any manual intervention.
Note: Some of this functionality will not be available until a future release of Axelerator Life Claims.
