Save hundreds of thousands of dollars in interest
Maintain state-specific compliance
Minimize exposure to penalties and costly errors
Enhance trust with regulators and beneficiaries
Carriers use Benekiva's interest calculator to save hundreds of thousands of dollars on interest while staying compliance. One carrier saved $2 million dollars in the first six months using Benekiva.
Delayed claim payments aren't just frustrating for claimants; they create compliance risk for carriers. Purpose-built for the insurance industry, Benekiva calculates interest on delayed payouts in real time using rules-based logic. It automatically applies state-specific interest requirements across life, annuity, and other lines of business, and generates full audit trails for transparency.
No spreadsheets. No scripts. No surprises.
Built-in rules handle the math for you, so you don't have to look up state regulations.
Every calculation is automatically documented, providing complete transparency for regulators.
Easily update rules as regulations change without custom development or system overhauls.
Avoid mistakes that lead to overpayments or penalties. Built-in logic ensures every calculation is accurate and compliant.
Stop relying on mental math or spreadsheets. Our platform centralizes all payout logic in one place to ensure every dollar is accounted for.
Calculate interest without leaving your workflow or switching to a separate spreadsheet.
Discover how Benekiva's comprehensive platform can transform your operations.
