Sunshine Evolution 5.0
Pension-Savings
Sunshine Presentation › Loan insurance › Life-death Insurance › Pension-Savings › Health insurance › Annuities › Accounting rules ›
Available for both personal and group insurance, the Sunshine Pension Savings solution offers the following types of management :
Management of policies in Euro (or any other currencies) with or without guaranteed interest rate
- Euro funds coverage with › single premium, regular premium (scheduled payments), free installments
- Guaranteed rates management over variable duration and per payment
- Bonuses
Unit-linked policies management
- Temporary funds in currencies or unit-linked
- No limitation in the number of units
- Link (ratio) between units and underlying assets
- Reinvestment of coupon payments
- Split of underlying assets, mergers and absorptions
- Expenses management
- Tax deductibility for premiums
- ACAV reconciliation
- Bonuses
The Sunshine pension-savings solution offers a comprehensive functional coverage dedicated to the management of such policies:
- Underwriting
- Managing premiums, free instalment payments
- Buying and selling futures
- Switches in amount, in units, in percentage, including arbitrages to guaranteed rate euro funds.
- Management of the tax deductibility of the contributions.
- Premium calculation and invoicing management › to fall due, on request, adjustment
The software package is delivered with :
- Standard formulas
- Mortality tables
- Age adjustment tables
- Formula for the calculation of arrears
- Revaluation formulas
- Management of impaired ages
