FeesFees\Commissions & ChargesCommissions & Charges\Commissions

 

Using the Charges tab you can define the commissions, to do so you need to perform the following steps:

 

 

In the commission's tab you can define commissions, to so you need to perform the following steps:

 

§  Note that the Code of the commission type will be automatically generated once the entry has been saved;

§  Select whether the commission should be applied on the ‘Net Premium’ or ‘Gross Premium’ in the Apply Commission On field;

§  Choose the Commission Category from the predefined list;

§  Enter in the Name of the commission type. In the Name 2 field, enter in the name of the commission type in the alternate language of the system if so desired;

§  Once you have finished entering the necessary data, click. In the Policy Business Commission block, you will be able to define the policy business of this commission type.

§  Click ;

Note: the binding process binds between multi-selection of business types, insurance classes, policy types with charge/ commission percentage or amounts;

 


 

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