Manually adding policy business discounts allows you to associate a certain discount type to any business type, insurance class and policy type available in the system. You can further associate the discount type to a specific interest type.

To manually add policy business discounts, click  in the Policy Business Discounts block and then you need to go through the following steps:

§  Enter the Discount Order;

§  Select the Discount Type you want from a list that was previously defined in the Discount Types page;

§  Select the Business Type, Insurance Class,  Policy Type and Subject Type you want to associate with the selected discount type;

§  Enter the Discount Percent or Discount Amount;

§  Select the Cover Type from a list of cover types that were defined through the Cover Types page located in the Covers Premium sub-module. Note that the cover types will be filtered according to the Insurance class, Policy Type and Interest Type definitions of the interest selected;

§  Check-in the Auto Add checkbox to allow the system to automatically retrieve this discount type whenever it is necessary. For example, when adding a policy that belongs to a certain insurance class and policy types, the discount type will be automatically set by the system as defined through this page;

§  Check-in the Make Voucher in Financial System checkbox to generate a separate financial voucher for the selected policy business discount(s);

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