To add cover discounts, click  in the Cover Discount block and then perform the following steps in the Cover Discount Entry block;

 

§  The Cover is auto-retrieved by the system;

§  Select the Discount Type from the predefined list

§  Enter the Discount Percentage;

§  Enter the Discount Amount in Local Currency;

§  The Calculated Amount and Calculated Amount in LC are auto-generated by the system;

§  Check in the Apply to All checkbox to apply the discount to all covers;

§  Click  to save your work

 

 

Add Interest Discounts

 

 

To add discounts on any interest, select the discount type from the interest discounts block and clock on  and perform the following:

 

§  Select Interest from the list;

§  Select the Discount Type ;

§  Enter the Discount %  and the discount amount ;

§  The Calculated Amount and Calculated Amount LC will be automatically retrieved from the system ;

§  Check-in the Apply to All checkbox to apply these settings to all interest covers with the same Insurance Class and Policy Type;

§  Click  to save your work.