Life insurance quotes contain structured financial and eligibility data essential for assessing individual risk and planning long-term coverage. Feathery’s AI extraction engine automates the capture of critical quote components, including the plan name, named insured, and coverage description with the associated death benefit. It identifies the maximum benefit payable, whether accelerated benefits are included in the event of terminal illness, and any eligibility criteria required for the quoted coverage. Payment structures such as monthly, quarterly, or annual installment options are also pulled, along with the total estimated annual premium.
The engine further extracts details on any additional benefits, riders, or add-ons that expand the scope of coverage, including who is eligible to receive them. It surfaces any limitations or exclusions that may impact payout or eligibility, providing a full picture of the quote’s terms. This template is ideal for insurers, agents, and digital platforms supporting life insurance workflows—enabling faster quote intake, enhanced transparency, and streamlined onboarding for both applicants and advisors.