Illustrations

Fully compliant forward-projecting hypotheticals, retrospective historical illustrations, and in-force reproposals are the cornerstones of the COSSEnterprise™ suite.

COSS’s expert actuaries, business consultants and financial service professionals take product illustrations to a new level.

	Life insurance
	Annuities
	Disability income
	Long-term care

COSS systems are available for both Web and desktop applications, in a .NET platform. COSS illustrations may be integrated with non-COSS components using XMLife standards, flat files and other application-specific standards.

COSS Illustrations can be designed using companion functionalities such as asset allocation, iForms, needs analyses and niche-marketing tools.

Integrated e-Learning modules assist you with presentations and training.
Utilization of COSSTools™ empowers you to control input, output and calculations; enabling you to deploy new products and modify existing products quickly and cost-efficiently.

NAIC/NASD/IMSA Compliant
At COSS, we take industry compliance seriously. Our dedicated quality assurance team, together with counsel from nationally recognized attorneys, ensures our accuracy and regulatory compliance with IMSA, NAIC and NASD. Compliance highlights include:

	NAIC- and NASD-compliant product illustration ledgers
	Enterprise Advanced Marketing system: reviewed and approved by Douglas I. Friedman, J.D., CLU, founding partner of Friedman & Downey, P.C., and renowned industry compliance expert. Mr. Friedman monitors the regulatory environment and advises COSS on its system compliance, including IMSA reviews.
	A spirit of partnership with our client companies. New COSS system releases reflect regulatory changes and a consensus of our client companies’ recommendations. Further, new releases can be customized to accommodate all your company's compliance department concerns.
	We also offer regularly scheduled Market Connection teleconferences to keep you up-to-date on compliance related issues.

COSS illustrations include many features to facilitate your ease-of-use and to maximize your sales effectiveness.

	“What if” modeling lets you evaluate cash flows and compare future values and other criteria
	COSS analytical reports compare up to 100 scenarios, each with different feature and benefit configurations
	Composite ledgers combine multiple clients
	Comparisons allow the calculation and display of results for all or select products within a category.
	Special reports present the analytical detail necessary for outside advisors
	All system output is e-mail capable

Guideline Testing
COSS Illustrations perform, display and solve for all appropriate guidelines and state compliance issues. The system restricts unintentional violation of IRS regulation 7702 guidelines for premiums and death benefits (corridor or CVAT).