Settings

Settings

Lines settings – Policy Annual Premium Rounding

In BriteCore, Lines has the following module-specific settings under Policy Annual Premium Rounding:

  • None
  • Round Policy Annual Premium to the Nearest Dollar
  • Round Policy Annual Premium Up to the Nearest Dollar

BriteCore’s Policy Annual Premium Rounding settings make it easy for you to configure global rounding for policy premiums.

Important: BriteCore recommends you don’t use the Policy Annual Premium Rounding options because it restricts flexibility in configuring lines of business. For the most flexibility, use rounding at the line-item level.

Policy Annual Premium Rounding provides three options for rounding policy premiums:

  • Leave them unrounded.
  • Round them to the nearest dollar
  • Round them up to the nearest dollar

To access the Policy Annual Premium Rounding setting:

  1. In the BriteCore menu, select Settings.
  2. In the Settings menu, select Modules, and then select Lines.
  3. On the Settings screen, in the Policy Annual Premium Rounding section, select one of the following options:
    • None
    • Round Policy Annual Premium to the Nearest Dollar
    • Round Policy Annual Premium Up to the Nearest Dollar
  4. Select Save at the top or bottom of the screen.