The Declarations sub-module is very similar to the Policies module. Through this module you will go through the same cycle of creating a policy. The only difference is that you are creating declarations. Declarations are documents indicating that insurance has been placed under an open cover policy with minimum deposit. Such an open cover policy usually covers numerous shipments (as example) over specified periods of time.

The declaration process is identical to the Policy process through which you can create declarations, add interests, add covers & premiums, add wordings, view instalments