Set up automatic return premium transfers on rewrites

Clients can automate the transfer of a return premium when a policy is rewritten. When a policy is rewritten, the return premium of the old policy will automatically transfer to the new policy. This automation eliminates the need for a user to manually transfer the return premium to the rewritten policy.

To enable automation:

1. In BriteCore, select Settings.
2. On the Settings screen, select Modules, and then select Policies.
3. On the Policy Lifecycle screen, select Edit.
4. On the Policy Lifecycle, select Cancellation.
5. Under Options, select On Rewrite, Automatically Transfer Return Premium to the Newly Rewritten Policy, and then select Save.

Note: BriteCore recommends clients to use the transfer feature.