Billing plan

The billing plan contains rules about invoicing and due dates at the account level. For example, a billing plan contains all billable charges for the policies in the account that will be direct billed. The billing plan reflects the typical way that the insurer does business and is not usually an option that the producer or underwriter chooses. Therefore, PolicyCenter does not display the billing plan. If BillingCenter creates a new account as a result of the integration, the account uses the default billing plan. A BillingCenter script parameter defines the default billing plan.

The billing plan can include:

Thresholds, such as the balance value below which an invoice is unnecessary
Whenever payment is due
How much charge detail to show on the invoice

The PolicyCenter base configuration does not directly use billing plans or provide an integration for this information.