Navigation:  Quotations > Option Functions > Rebate Brokerage

The Rebate Brokerage function allows the brokerage on the policy to be rebated, thus discounting the premium.  Both Agreed and Calculated premiums will be discounted by the brokerage rebate.

 

When the user rebates the brokerage the system will discount the premium by the difference between the entered brokerage and the default brokerage.

 

The user can also choose to either discount just the base premium of the Reinsurance portions to.