Insurance Sector
The presented use cases provide flows for common application usage patterns in the insurance space.
Assess the Impact of a Life Insurance in a Household
Looking at the benefit of having life insurance for a young couple who want to buy a house and retire comfortably.
The workflow covers the following:
- Authenticating
- Setting up a two person household
- Adding the income and the expenses for the household
- Creating the future goals
- Looking at the future outcomes for the couple first without and then with life insurance
Rationale for buying life and disability insurance when taking on a mortgage
Scenario to give homeowners a compelling rationale to buy life and disability insurance when they take on a mortgage.
The workflow covers the following:
- Authenticating
- Setting up a two person household
- Adding the income and the expenses for the household
- Adding a residential property to the household
- Creating a mortgage for the residential property
- Looking at the future outcomes for household
- Adding life and disability insurances
- Re-running the simulation with the insured household and compare the results