Insurance policy class

Insurance policy class

The insurance policies can be classed into industry defined categories

Examples of insurance policy classes


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”


5. Once the information is provided click on  button to save the details or if you would like to exit out of this, click on the  button.


    • Related Articles

    • Insurance policy type

      The insurance policy type determines if the insurance policy is cancellable or non-cancellable. Examples of insurance policy types 1. To create an insurance policy type, navigate to Configuration > Setup > Insurance Policy Type under the “Insurance ...
    • Modify an insurance policy number

      The policy number of an insurance policy, which is required specifically in premium funding, can be modified by navigating to the insurance policy on an application or finance agreement.   1. Select the hamburger menu and under the update section ...
    • Modify an insurance policy status

      The status of an insurance policy, which is required specifically in premium funding, can be modified by navigating to the insurance policy on an application or finance agreement.   1. Select the hamburger menu and under the update section click on ...
    • Modify an insurance policy inception date

      The inception date of an insurance policy, which is required specifically in premium funding, can be modified by navigating to the insurance policy on an application or finance agreement.   1. Select the hamburger menu and under the update section ...
    • Insurance policies

      The insurance policy details can be added to an application either from the menu items while viewing an application OR directly from within the edit application page. 1. To add using the menu items from within an application:        Once you have ...