ODEN POLICY TERMINATOR
Software that automatically generates insurance cancellation notices.
Save time in handling paperwork and make sure you are compliant.
Oden Policy Terminator (PT) automates the issuance of cancellation, nonrenewal, conditional renewal, and reinstatement notices to the insured. Oden PT dynamically assembles compliant notices based on information such as policy type, the action being taken and the reason for action.
- Generate notices for all commercial and personal lines
- Covers all 50 state, D.C., and the Virgin Islands
- Context-sensitive linking into Oden State Rules & Regulations (SR&R) ensures you meet all requirements by jurisdiction
Oden simplifies the policy termination and reinstatement process for you.
With Oden PT, you'll be able to:
- Generate dynamic notices based on criteria. Starting with the policy type, action being taken, and reason for the action, Oden PT determines the correct notice content in the format required by that state. It also calculates essential notice elements, such as advance days notice, mail lead time, and mailing requirements, and it even generates notices copies for other parties of interest.
- Streamline notice filings and approvals. Oden Insurance Services is licensed as a rating or advisory organization in 42 states, including the 25 states that require prior approval of notices. Oden files and receives approval on policy termination notices in these states on behalf of our clients. As an Oden client, your company is automatically added to the list of member companies approved to use our notices in these states.
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Oden Insurance Services provides software and regulatory compliance aids to help insurance professionals comply with complex insurance regulations.