Policy review and issue

Step by step

1. Prepare policy Insurance Coordinator

   Insurance Coordinator records the employer organization, policyholder group, assigned owner, premium and effective date.

   • Identify group and owner
   • Updates Policies, Organizations, Policyholders, Team members

2. Define coverage Insurance Coordinator

   Insurance Coordinator adds coverage lines with effective windows and terms.

   • Attach dated terms
   • Updates Policy coverages, Policies

3. Review policy Authorized Underwriter

   Authorized Underwriter checks the submitted revision and records a reasoned decision.

   • Record revision and decision
   • Updates Review decisions, Policies
   ApprovalA person approves before the work moves on.

4. Issue policy Insurance Coordinator

   Insurance Coordinator retains the carrier policy identifier and issue date against the reviewed policy.

   • Retain carrier identity and effect
   • Updates Policies, Operation receipts

5. Activate cover Insurance Coordinator

   Insurance Coordinator confirms the effective coverage window and follows the operation receipt.

   • Reconcile active state
   • Updates Policies, Operation receipts

Insurance Coordinator

Prepares and follows the policy.

Authorized Underwriter

Decides independently.

Auditor

Reads the retained result.