Proposal Issue

Productivity Tip

We don't issue a Proposal until we have been paid, for the simple reason that once the proposal is changed from PEND to In Force, it then drops off the Outstanding Business report and you lose the ability to track it.

Proposal Issue

1.	You should have previously entered the proposal number as soon as advised by the insurer (potential issue with the downloads if it can't find the policy number) so this should be fine.

Enter the Accepted Date and Risk Date. Need to be careful here as an incorrect risk date can upset things with the downloads further down the track. The Accepted Date is the date that the underwriter accepts the application and the Risk Date is the actual date of the policy. Generally we have found that this is the date of the first full deduction.

3.	Do a quick check of the rest of the info - owners and payors and make sure you have entered any exclusions or loadings at a benefit level. Adjust the premium and expected commission values if the premium has changed since the start of the process.

4.	Click the 'Create New Policy' button.

5.	The system now creates the policy record, locks the proposal record so it can't be changed, and returns you to the Business Screen.