ALICE administers the following products for conventional life insurance:
- annuity insurance and pension funds
- company pension schemes
- private capital insurance
- term insurance
- joint life

These variants of life insurance can combined, as required, with one or more forms of supplementary insurance (e.g. occupational disability, surviving dependant's pension).
ALICE has already integrated a standardized life insurance mathematics module which can be called using a communication interface. Other actuarial systems can also be used.
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