Navigation:  Policies > Policy Functions > Endorse Policy

When in an existing policy, or you have selected a policy from the search menu, click to Endorse a policy.

 

 

You will automatically be taken into the Quotation Detail Window.  Go through and make necessary changes to fields/areas before Requesting a Quote, Recommending and Accepting the Policy.

 

You will notice that the Quotation Type has changed to Endorsement and the system has allocated a new Quotation and Policy Number.

 

 

*The endorsement policy will be linked to the previous policy, continuing the life cycle of the policy and enabling you to easily report on Clients and Policy Status*

 

Note: When binding an endorsement and a renewal quote exists, you will be prompted with a confirmation pop-up:

 

 

•If you reply with 'yes' then a copy of the renewal quote is created and all the current endorsement details are copied over; i.e. all need values, main details etc with the exception of term dates, and rating $.  The options are all marked as re-rate required, and the parent of this quote is changed from the original parent to be the new bound endorsement; i.e. it will be as if the user created the renewal from the endorsement.

 

•If you reply with 'no' then just the parent policy of the renewal quote will be updated to be the newly bound endorsement; i.e. the details will be 'pre' the endorsement yet the quote will be bound and linked to the endorsement keeping the chain intact.