Rewrite a policy

About this task

The rewrite process starts from a canceled policy.

Procedure

  1. Navigate to a canceled policy.
    The policy Summary screen appears.
  2. From Actions menu, select Rewrite Full Term, Rewrite Remainder of Term, or Rewrite New Term.
    If the cancellation reason was Policy rewritten or replaced (flat cancel), only Rewrite Full Term is available. For other cancellations Rewrite Remainder of Term and Rewrite New Term are available.

    If you select Rewrite Remainder of Term, you can make changes to the policy including the Effective Date and Expiration Date. By default, Effective Date is set to the cancellation date. You can change Effective Date to a later date but not an earlier date.

    If you select Rewrite New Term, you can make changes to the policy including Term Type and Effective Date. By default, Effective Date is set to the cancellation date and Expiration Date is set to Effective Date plus the term. You can change Effective Date to a later date but not an earlier date.

    Note: To create a lapse in coverage, change the Effective Date to a later date.
  3. Make your changes to the policy, and then select Quote.
  4. Select Issue Policy to issue the policy.