To add Agent/customer tariff, you need to click  and then perform the following steps in the Agent/Customer Tariff Entry block:

 

 

§  The Customer is auto-retrieved by the system;

§  Select the Insurance Class and Policy Type for this customer tariff;

§  The Serial number will be automatically given by the system upon saving your work;

§  Select the Cover Type and Interest Type for this customer tariff. You can select from lists of cover and interest types that belong to the selected Policy Type;

§  Enter in the Premium Rate and Premium Amount for the selected customer. The system will, by default, take the defined rate/premium to be reflected automatically on the production module, simply enter in ‘0’ into the field that you do not wish to specify. You can also enter a Minimum Premium;

§  Enter the Deductible Percentage, Minimum Deductible and Maximum Deductible amounts. This is the amount that will be calculated within claims and will be registered during claims processing. The system will take the deductible percentage into consideration only if it falls within the specified range of deductible amounts. Otherwise, if the calculated deductible amount was greater than the maximum deductible, then the system will consider the maximum deductible amount. Else if the calculated deductible amount was less than the minimum deductible, then the system will consider the minimum deductible amount;

§  Enter in the Case Limit. This is the limit on each individual case;

§  Enter the Annual Limit. This is the total limit of this cover premium for the entire year;

§  Select the Calculation Reference for calculating the product premium (Rate From Interest Sum Insured, Rate From Parent Cover Premium, or Rate From Table);

§  Select the Rounded To (The system provides multi-options for the rounding of premium as to be rounded to an integer, truncate etc.,)

§  Select the Rate Fraction;

§  Select the Sum Insured From & Sum Insured To (if the sum insured of the policy is between the specified ranges then this cover will be auto-added to the policy else it won’t be added, but this is not the only condition that should be satisfied in order to get the cover automatically, and this option is only applicable for motor);

§  Period From/ Period to

§  Deductible From/  Deductible To

§  Select the Branch where this Tariff will be used ;

§  Endorsement Rating

§  Enter the Effective Date on which the tariff will be effective;

§  Enter the Expiry Date on which the tariff will expire;

§  Check-in the Apply Premium checkbox if you wish to apply premium on this cover.

§  Check-in the Editable checkbox if this cover premium can be edited in the Production module;

§  Check-in the Discountable checkbox if this policy premium cover can be given at a discounted rate;

§  Check-in the Basic Premium checkbox to set this premium as the basic premium for this customer, 

§  Check-in the Auto Add checkbox to allow the system to automatically retrieve this customer tariff automatically on getting covers button pressed on the production module. For example, when adding a policy for this customer, the policy premium will be automatically set by the system to the customer’s customised tariff covers premium defined through this page;

§  Check-in the Is Active checkbox to set the status of this cover premium as active;

§  Check-in the Apply Agent Commission checkbox to apply agent commission to the cover;

§  Once you have finished entering the necessary data, click .