To modify the fee percentage or due date, in the Instalment Fee Details tab, click on the fees you want and then perform the following:
§ In the Fees Modifications block, the Fees Type and Policy Fees Type will be automatically displayed by the system according to the setup defined;
§ Enter the Fee Percentage or Fee Amount;
§ Accordingly, the system will calculate the Fee Amount in Local Currency of the system;
§ Click to save the modifications you’ve done.
Commissions
To modify the instalment commissions, in the Commissions tab, click on the charge you want and then perform the following:
§ In the Commissions Modifications block, the Commission Type, commission % and servicing fees amount will be automatically displayed by the system according to the selected policy the user will be able to modify it as desired;
§ Accordingly, the system will calculate the Exchange Rate and Commission Amount in Local Currency of the system;
§ Click to save the modifications you’ve done.
Charges
The Charges tab, displays the charges that were added in the Commissions and Charges page in the Insurance Setup module;
Shares Instalments
Through this page you can view the shares instalments as displayed in the below figure:
Instalments Cover Premiums
Through this page you can view the instalments premiums as displayed in the below figure:
Related Topics