A mid-size life insurance provider recently found that Veritas reported deaths five days earlier on average than their existing notification processes. This early notification would allow faster claim payment and generate savings of >$30 in avoided interest payments per claim, with potential additional savings from avoiding the need to request death certificates.
Learn how our mortality offerings can help your company with fraud prevention, insurance claims, reinsurance and more:
🔎 Complete and timely mortality information allows for rapid removal of deceased individuals from systems or flags for investigation.
🔎 Support preparation of claims documentation for submission and maintain up-to-date management of policy holders.
🔎 Understand risk at a group level for reporting and financial planning.
Review our insurance fact sheet or email sales@veritasdataresearch.com to learn more.
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