Templates

Life Policy

Life Policy

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Insurance
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Datapoint
Description
This is some text inside of a div block.
This is some text inside of a div block.
Effective & Expiration Dates
Indicates the start and end dates of the life insurance policy coverage period.
Policy Number
Identifies the life insurance policy using the unique policy number.
Name Insured
Returns the full legal name of the individual or entity covered under the life policy.
Plan Name
Specifies the official name or designation of the life insurance policy plan.
Coverage Description
Provides a description of the coverage scope and terms under the policy.
Coverage Amount
Specifies the total coverage value or death benefit payable under the policy.
Eligibility
Describes the eligibility criteria or conditions under which the insured qualifies for coverage.
Benefits
Outlines the benefits included in the life insurance policy.
Maximum Benefit
Returns the maximum payable benefit amount specified by the policy.
Accelerated Life or Death Benefit
Indicates whether the policy includes an accelerated death benefit or early payout option under qualifying conditions.
Riders and Add-ons
Identifies additional coverages or optional benefits attached to the policy.
Rider Eligible Group
Specifies the groups or individuals eligible to receive rider benefits.
Installment Options
Returns the available premium payment frequency options, such as monthly or annually.
Total Estimated Annual Premium
Provides the total expected premium cost for the policy term, including fees or surcharges.
Exclusions and Limitations
Lists any policy-specific exclusions or limitations that may restrict or void benefit payments under certain conditions.

Life insurance policies include key financial and benefit information critical to understanding long-term coverage commitments. Feathery’s AI extraction engine automates the capture of structured policy data, including the policy number, effective and expiration dates, named insured, and plan name. It extracts the full coverage description and coverage amount, along with eligibility criteria, included benefits, and any provisions for accelerated life or death benefits under qualifying conditions. The engine also identifies the maximum benefit payable, as well as any optional riders or add-ons attached to the policy, including who is eligible to receive them.

In addition to core coverage terms, Feathery surfaces payment and premium details such as annual premium amounts, fees, and available installment schedules (e.g., monthly or annually). It also highlights any exclusions or limitations that could affect benefit eligibility or payout. This template is ideal for life insurers, brokers, and financial planning platforms that need to process policy documents efficiently, reduce manual review time, and deliver clear, structured insights to policyholders and advisors.

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