Issue a policy

About this task

To issue a policy, you must first have a submission that has been bound but not issued.

Procedure

  1. Navigate to the Policy Summary screen, or any screen in the policy.
  2. From the Actions menu, select Issue Policy.
  3. Beginning with the Policy Info screen, make any necessary changes. You can make any changes to the policy, including changing the effective and expiration dates.
  4. Click Quote to requote the policy.
  5. Click Issue Policy. A dialog box asks you to verify your action. In a production system, PolicyCenter might send the policy information to be generated and mailed by a print issuance system. The outcomes are:

    If PolicyCenter successfully issues the policy, then the Issuance Bound confirmation screen appears and the status is set to Bound. Your options are to:

    • View your issuance policy transaction
    • View your policy
    • Go to the Submission Manager for the selected account
    • Submit an application for a different account
    • Go to your Desktop

    If issuance fails, PolicyCenter sets the UWApproval to Review status and creates an Issuance failed activity. The activity is assigned to the underwriter.