Waiver of Premium Approvals

Streamline waiver of premium approvals in insurance with Cflow’s automation. 

Why automate?

Policyholders avails waiver of premium when they are concerned with their health. Waiver of premium is an optional add-on under special circumstances such as critical illness or disability. To avail of this waiver, the policyholder needs to meet certain eligibility criteria. Approving the waiver of premium is a crucial process. The requests are carefully evaluated by verifying policy holder’s eligibility and ensuring they adhere to the policy terms. Manually handling the approval process can be challenging and time-consuming delaying the process leading to potential discrepancies in waiver approvals. Moreover, these challenges can be effectively overcome by using an AI-powered workflow automation system like Cflow. Cflow streamlines the entire approval process enabling teams to make informed decisions in wavering premiums. 

How Cflow Can Help

Automated Request Verification

Cflow automatically verifies request details against predefined conditions ensuring they adhere to the policy terms. This reduces risk of manual errors and speedy approvals. 

Efficient Workflow Management

Cflow enables efficient workflow management with its customizable forms where users can edit it to their unique requirements. This improves data accuracy and reduces processing times.

Compliance and Record Keeping

Cflow ensures compliance and centralized record keeping which is essential for audit purposes. 

Enhanced Communication

Cflow offers real-time notifications to the users and managers where they get timely updates and confirmations regarding the waivers. This transparent approval process improves customer satisfaction. 

Transform & streamline business processes with cloud BPM & workflow automation software.

Join 100k + Users Who Are Already Using Cflow

“I’m really impressed with the support provided by Cflow. There has never been a time when they have kept me waiting. A product that is simple to use and a team that is smart and extremely fast are factors that help me feel reassured and confident.”

Ronald Tibay

Ronald Tibay

Senior IT Manager @ NutriAsia, Inc

“The WFH environment during the COVID-19 pandemic made it clear how inefficient our processes were. Cflow allowed us to digitize paper forms with automated workflows. If you can envision a tool for an online workflow, it can be done in Cflow!”

Stephanie Duncan

Stephanie Duncan

Registrar @ Freed-Hardeman University

“We are extremely liking CFlow. So far any issues that we’ve had once we contacted support they were able to help us resolve the issue. This has helped us take a paper process and replace it, faster and more streamlined now for us.”

Bradley Wilkins

Bradley Wilkins

Director of Technology @Hazel Park School

Automate workflows 10x faster

  • Platform
  • Resources