Policy Hold Details tab

You can specify details of the policy hold on the Hold Details tab. This tab has the following fields:

Field	Description
Hold Type	Required. Select Regulatory Hold or Underwriting Hold. Your selection changes the availability of the UW Issue Type and Long Description fields. You cannot edit this field in a policy hold that already exists.
Code	Required. Enter a code for this hold. You cannot edit this field in a policy hold that already exists.
Description	Enter a description of the hold. This short description identifies the hold on the Risk Analysis screen.
Hold Start Date	Required. Enter a start date for the hold.
Hold End Date	Optional. Enter an end date for the hold. In some cases, you do not know the end date of a policy hold. For example, in an underwriting hold for a natural disaster, you do not know how long the disaster will last. In a regulatory hold for rate changes, you may not know when you will receive finalized rates. To end a policy hold that has no end date, simply edit the policy hold and specify an end date.
UW Issue Type	Required. The Hold Type selection determines the drop-down list choices. If the Hold Type is Underwriting Hold, then the only choice is UW Policy Hold. If the Hold Type is Regulatory Hold, then the only choice is Regulatory Policy Hold. The UW issue types are defined in the `UWIssueType` system table.
Long Description	Required. Provide a description for the policy hold. This field appears under the Description on the Risk Approval Details screen.

Hold rules

The hold rules section describes the rules for each policy hold. Each policy hold must have at least one hold rule. A hold rule specifies the line of business, policy transaction, date type, and coverage that PolicyCenter uses to determine whether or not to hold a policy transaction.

The following table describes the fields for hold rules:

Field	Description
Line of Business	Required. Enter the line of business to which this rule applies.
Policy Transaction Type	Required. Enter the policy transaction type to which this rule applies.
Transaction Date Type	Required. The Hold Type selection affects the drop-down list choices. If the Hold Type is Underwriting Hold, then the choices are Effective Date and Written Date. If the Hold Type is Regulatory Hold, then the only choice is Reference Date.
Coverage	Optional. Select a coverage from the chosen line of business.

If you add a rule for a regulatory hold, the Transaction Date Type is always Reference Date. The reference date type depends upon the rule definition. If you specify a coverage in the rule, then the reference date type is the reference date type of the coverage. If you do not specify a coverage, then the reference date type is the reference date type of the line of business.