Transfer return premium

You can transfer return premium from one policy to another.

To transfer return premium:

  1. Navigate to Policies > Payments > Return Premium.
  2. In the Return Premium queue, navigate to the return premium that you want to transfer and select the Transfer button. The Transfer of Payment dialog box will open.
  3. By default, the This Policy radio button will be selected and display the policy ID of the policy that the return premium is currently applied to.
  4. Select the row of a policy displayed in the policy list or use the Search box to locate the policy you want to transfer the return premium to. Select the row of the policy.

    Note: When you select a policy, BriteCore automatically selects the Another policy radio button.

  5. Select Done. The return premium will automatically be removed from the return premium queue. 

The system will automatically generate a note in the Notes screen of the policy the amount was transferred to and the Notes screen of the policy the amount was transferred from. The note will include the username of the user who completed the transfer and a timestamp of when the transfer was created. The Notes screen of the policy the amount was transferred to will contain the following note: 

Return Premium Transfer

Premium Transferred from Policy #<Policy ID>. 

The Notes screen of the policy the amount was transferred from will contain the following note:

Return Premium Transfer

Premium Transferred to Policy #<Policy ID>.