Copying billing data to new periods on renewal or rewrite

Whenever PolicyCenter creates a new period for a renewal or a rewrite, PolicyCenter handles properties for which BillingCenter is the system of record as follows:

• If PolicyCenter must view or edit the property, PolicyCenter retrieves the latest value from BillingCenter on starting the renewal or rewrite. These properties are:
  • Agency Bill or Direct Bill, if a choice is available
  • Payment Plan
• For other properties, BillingCenter copies those values to the new periods from the prior period.