Add Premium for Converted Policies

July 28, 2020 in Product Updates

Add Premium for Converted Policies

This update is relevant for brokers & agents who allow the purchase of insurance policies on credit.

From now onwards, if the credit option is enabled, and if the payment is pending, an Add Premium button will be displayed on the policy row. When payment is received for a policy, click on the respective Add Premium button and record the premium.

Most of the options will be preselected for you, so there will be minimum entry effort required. The button will be available for Endorsements too (except for NIL Endorsements)

Note: This feature is enabled only for brokers & agents who give credit to customers.