Do a life analysis

Find out how to do a complete life analysis in just a few minutes, without even leaving the contact file!

Laylah offers you a simple, fast and complete life analysis for all your clients.

Information from the contact file, including date of birth, smoking status, relationship to a couple, links to children and insurance coverage, is included in the life analysis to avoid double entry.

Just complete the balance sheet in the financial data section and you're ready to begin your analysis.  

Life analysis presentation

The life analysis has 6 sections:

1. Scenarios
   • You can create multiple scenarios in the life analysis.
   • Data, results, pins and recommendations are unique to each scenario.
   • When creating a report, you can select the scenario(s) to be presented.
2. Data and analysis assumptions
   
   • All the sections in the left-hand column are divided into 4 parts:
     
     • Death fees - Contains items and expenses whose scope is very long-term.  Some fields contain default values, but you can always modify them to suit your needs.
     • Liabilities - These are automatically added from balance sheet liabilities.  You can modify them by clicking on the edit button.
     • Income replacement - Calculates the missing income upon the death of a spouse.
     • Assets available at death - Shows total assets and coverage for the client.  You can modify them by clicking on the edit button. .
3. Factual data
   
   • This data can help you in your discussions with your customer.
   • The probability of death before age 65 is calculated by taking into account the client's age and smoking status.
4. Pins
   
   • File notes for this scenario. 
   • You can create several pins per scenario.
   • They are not included in the final report.
5. Recommendations
   • Recommendations for this scenario.
   • You can create several recommendations for each scenario.

Create a life analysis

1. Click on the Analysis button  in the left-hand vertical menu of the contact form.
2. Click on the Analyses and calculations button in the horizontal menu.
3. Select Life analysis.
4. Click on the Add analysis button if no analysis is present.
   
   
5. Complete the analysis data in the left-hand section and see the results on the right.