Create New Policy or Submission
Selecting to Create a New Policy or Create a New Submission is one method of entering policy or submission data for a customer. By using this method you manually enter the policy or submissions data into AMS360. For step-by-step instructions see the processes outlined in the sections below.
You can use the Create New Policy or Create New Submission data entry form to enter other types of transactions besides New, by selecting another transaction type from the list.
Create New Policy/Submission Selections
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Customer |
This field is display only and shows the customer for whom you are creating the policy or submission. |
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Submission # |
If you want to create a new policy or submission based on an existing submission, select the submission. If you are entering a policy or submission from scratch, leave this field blank.
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Effective Date |
Applies only if you select a Submission # above. Choose the effective date of the submission you want to use to create the new policy or submission.
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Policy or Submission # |
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Effective Date |
The date policy coverage begins or the proposed effective date of the submission. |
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Expiration Date |
The date policy coverage expires. This date fills to one year from the Effective Date. You can select a different date. |
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Continuous |
Select this check box if the policy or submission is continuous and does not have an expiration date. When selected, the Expiration Date field blanks out and becomes inactive.
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Type of Business |
Select the type of business for the policy or submission. Your choices are:
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Transaction |
The Transaction type for the policy or submission. Select from the list. |
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Description |
The Description populates from the Transaction field. However, you can type a brief description that identifies the Transaction. This is especially important if you have multiple Transactions on the same day. |
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Renewal / Term Count |
Shows the number of times the policy has been renewed after clicking the "Renew Action" button on either the Customer Policies View or within the policy.* *This field is not available for submissions as of Version 23R3. |
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Company |
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Billing/Payment Information |
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Options |
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What's Next?
After completing the Create New Policy data entry form, the Policy data entry form appears. See Policy/Submission for more information about this data entry form.
For copying a policy or submission, see Copy Policy/Submission.
For renewing or rewriting a policy or submission. see Create Renewal/Rewrite Policy.
For creating ACORD applications and forms, see eForms Manager.