Policies

Policies

Manage insured disclosures

When an insured applies for an insurance policy, they must disclose pertinent information because their policy is written and priced according to the type and amount of risk they present. An insured disclosure isn’t a claim.

Add an insured disclosure

  1. Select Policies.
  2. On the Policies List screen, select a policy number to open a policy.
  3. If the policy doesn’t have an open revision, create a new revision.
  4. In the Property tab, under the Loss History section, select Add Insured Disclosure to open the Insured Disclosure dialog box.
  5. Add the following information:
    1. In the Loss Date box, type the date the loss occurred.
    2. In the Description box, type a description of the loss.
    3. In the Loss Amount box, type the repair cost amount.
    4. From the Loss Cause dropdown list, select the cause of the loss.

Note: See Setting up a loss cause for more information.

  1. Select Done to add the disclosure to the Insured Disclosures table.
  2. Commit the revision.

Edit an insured disclosure

  1. Select Policies.
  2. On the Policies List screen, select a policy number to open a policy.
  3. If the policy doesn’t have an open revision, create a new revision.
  4. In the Property tab, under the Loss History section, select the pencil icon beside the disclosure you want to edit. The Insured Disclosure dialog box will open.
  5. Make the desired changes.
  6. Select Done.
  7. Commit the revision.

Delete an insured disclosure

  1. Select Policies.
  2. On the Policies List screen, select a policy number to open a policy.
  3. If the policy doesn’t have an open revision, create a new revision.
  4. In the Property tab, under the Loss History section, select the red X icon to the left of the disclosure you want to remove. A Warning pop-up window will appear, asking you to confirm that you want to delete the disclosure.
  5. Select OK.
  6. Commit the revision.