Create a submission

About this task

The following steps explain the process for creating a submission whether it is a Quick Quote or a Full Application. Other steps are variations on this basic process.

Note: You must have an account before you can create a submission. To learn about accounts, see Account file.

Procedure

  1. If an account already exists, you can begin a submission by selecting the account from the Account tab or from the Desktop tab, select My Accounts in the Sidebar.
  2. While viewing the account, click Actions > New Submission. Since you have already defined an account, PolicyCenter directs you to the New Submissions screen which has default values for organization, producer code, and date.
  3. Under the Product Offers section, select either Single or Multiple. Selecting Multiple allows you to enter the number of submissions you want to create. In the base application, you can create up to five per line of business. You can configure this maximum in Studio. In this example, you create only one submission, so click Single.
  4. In Quote Type, select the type of quote you want (Quick Quote or Full Application). In this example, select Full Application.
  5. Choose from the available product offerings.
    • Quick Quote gathers the minimal information needed to generate a quote.
    • Full Application gathers complete information needed to bind and quote.
  6. Depending on the line of business, there may be Pre-Qualification questions that need to be answered. If answered successfully, then the next screen is the Policy Info screen.
  7. The Policy Info screen allows you to collect information, determine policy details
    If you have the correct permissions, you can change producer information and underwriting companies. You can also create or add other contacts as named insureds on the policy. These named insured contacts might be a spouse or child of the primary named insured. Named insureds can be a company, a person, or selected from an address book.
  8. Continue entering required information in the submission wizard. Each line of business has specific requirements that need to be captured in the policy. For example, a workers’ compensation policy can require additional information on locations, coverages, supplemental information, and workers’ compensation options.
  9. After entering the required information, you can review it in the Policy Review screen. If you are satisfied, then click Quote.
  10. After the submission has been successfully quoted, you can:
    • Edit and requote. To edit submissions, you must have the viewsubmission and editsubmission system permissions.
    • Create a new version.
    • Save the draft.
    • Select from close options.
    • If you selected Quick Quote, then you can select Full Application to continue to enter additional information and bind the policy.
  11. (Optional) Select Forms to view the list of forms that will be attached to the policy.
  12. Select Payment. Enter the type of billing plan, payment type, and the deposit collected on the Payment screen.
  13. Select a bind option from Bind Options:
    • Bind Only, legally binds both the insurer and the applicant, generates billing information, but does not issue the policy.
    • Issue Policy, binds, generates billing information, and issues the policy.