Through the Reserve sub-module you are able to accurately estimate the amount which the insurance company will ‘reserve’ or put aside for the covering of claims. You can either build the reserve automatically through the Build Reserve page; where the system will calculate the reserve based on specific pct. of the interest sum insured, or you can set the reserve manually.
In the Reserve sub module, you view claimant reserve list and add new claimant reserves and reserve statement.
Related Topics