1. To create an insurance policy class, navigate to Configuration > Setup > Insurance Policy Class under the “Insurance Policies Section”
2. Please ensure you filter to check the insurance policy class does not already exist before capturing a new one.
3. Click on

icon to create a new insurance policy
class .
4. Complete the details on the page.
Insurance Policy Type– the insurance policy type determines if the insurance policy of this class will be “cancellable” or “non-cancellable”