Add Another Life to a Policy

Productivity Tip

A new baby on a medical policy, a new partner to replace the one expunged in the previous section and so on... All of these cases can require a new person to be added to an existing contract. You still need to track the new proposal for production and underwriting purposes, and of course the new proposal will have a different start date to the original master policy.

Add another life to a policy - Method 1

1.	This can only be done if the lives have a relationship link and the policy number and carrier are the same in both cases.

2.	Build the new proposal for the additional life in the normal way - date written (date of the new proposal, not the old) and increase in premium on this proposal. This ensures that you can track the production and commission accordingly.

3.	Issue the policy in the normal way, so you now have a completely separate stand-alone policy.

4.	Now in the policy record you have just created, right click anywhere in the screen and chose 'Add to an existing Policy'.

5.	Click 'Yes' to accept.

6.	The new policy is now linked to the primary policy on the other life.

Add another life to a policy - Method 2

1.	Again this can only be done if the lives have a relationship link and the policy number and carrier are the same in both cases.

2.	Open up the Policy for the Primary Life on that contract.

3.	In the Multiple Life drop down, select the new life to be added from the list and press enter.

4.	You will now be asked if you want to create a new proposal for this selected Member.

5.	Click Yes.

6.	The system now creates a new proposal based on the information from the Primary Life.

7.	When the the policy is issued, add the unique details for the proposal - Accepted date, On Risk date

8.	Issue in the normal way.

9.	Now in the policy record you have just created, right click anywhere in the screen and chose 'Add to an existing Policy'.

10.	Click 'Yes' to accept.

11.	The new policy is now linked to the primary policy on the other life.