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;
Related Topics
Commissions & Charges
Policy Business Charges