Adding Policies and Benefits in Client Management System
1. Adding a New Policy
Step 1. Go to Policy Tab
In your Client Group Menu, click the ‘Policy’ tab.
Step 2. Click ‘Add Policy’
Step 3. Select Policy Type
Click ‘Select’ and choose the insurance or product provider from the dropdown list.
Step 4. Enter Policy Details
Policy Number: Enter the policy number.
Quote Number: If still in underwriting, enter the quote number (update once issued).
Start Date: Enter the policy start date or submission date.
Status: Click ‘Select’ to choose the current policy status.
Category: Click ‘Select’ to choose the policy type.
Life Insured: Select the lives assured from the dropdown list.
Policy Owner: Select the policy owner(s) from the dropdown list.
Step 5. Enter Premium and Fee Details
Premium Amount: Enter the premium.
Policy Fee: If included in the premium, enter 0. Otherwise, enter the fee amount.
Payment Frequency: Select how often payments are made.
The Annual API will calculate automatically.
Step 6. Save the Policy
Click ‘Save’ to add the policy.
2. Adding Benefits to the Policy
Step 1. Click ‘Add Benefit’
Step 2. Select Life Insured
Click ‘Select Benefit Title’ and choose the benefit from the list.
Step 3. Enter Benefit Details
Sum Insured: Enter the amount (e.g. $25,000) or ‘N/A’ if not applicable.
Premium: Enter the premium amount.
Loadings & Exclusions: Enter details or type ‘NIL’ if none.
CPI & Premium Structure: Enter the correct setting.
Cover Terms: Use dropdowns to select wait periods, benefit names, etc.
Expiry Date / Notes: Enter additional info or ‘N/A’ if not applicable.
Step 4. Save the Benefit
Click ‘Save’ to finalise.
3. Quick CPI Setting
When required, click ‘Select’ then choose ‘CPI 5%’.
4. Producing a Policy Schedule
Important: Ensure the policy status is ‘In-force’ before generating the schedule.
Step 1. Save Benefits
After adding benefits, return to the Client Group Menu.
Step 2. Generate Schedule
Go to the Policy Tab and click ‘Schedule’.
A PDF version will be generated. Download and save it.
For Large or Complex Policies:
Use ‘Formatted Schedule’ to create a table layout for easier reading.
5. Editing an Existing Policy
Step 1. Find the Policy
Step 2. Click the Edit Icon
This will open the policy page.
Step 3. Make Edits
Update policy details or benefits as needed.
Step 4. Save Changes
6. Downloading from the Benefits Screen
Step 1. Go to the Benefits Screen
Step 2. Click ‘Download’ at the Top
This downloads the page as it appears (no schedule generation).
Useful for out-of-force policies or quick references.