Policy Import Templates
Overrides and Bonuses - Medicare Advantage Policies
Other Comp for a policy can be imported with a base policy by adding it to the policy import template. An example of Other Comp is an override or bonus. Add the other comp to the template only if it pays a separate commission on the same statement as ...
Overrides and Bonuses - Fee Policies
Other Comp for a policy can be imported with a base policy by adding it to the policy import template. An example of Other Comp is an override or bonus. Add the other comp to the template only if it pays a separate commission on the same statement as ...
Overrides and Bonuses - Target Premium Policies
Other Comp for a policy can be imported with a base policy by adding it to the policy import template. An example of Other Comp is an override or bonus. Add the other comp to the template only if it pays a separate commission on the same statement as ...
Overrides and Bonuses - Graded Policies
Other Comp for a policy can be imported with a base policy by adding it to the policy import template. An example of Other Comp is an override or bonus. Add the other comp to the template only if it pays a separate commission on the same statement as ...
Add a Policy Increase to a Import Template
A Policy Increase can be added to the policy import template. Policy Increases can only be added policies that use a Pct of Premium or Target Premium comp plan. An example of a policy increase is an automatic increase in benefit to an individual ...
Overrides and Bonuses - Percentage of Premium Policies
Other Comp for a policy can be imported with a base policy by adding it to the policy import template. An example of Other Comp is an override or bonus. Add the other comp to the template only if it pays a separate commission on the same statement as ...
Add a Rider to an Import Template
Riders for a policy can be added to a Pct. of Premium or Target Premium policy import template. An example is a Children's Term Rider added to a parent's life insurance policy. The rider should only be added to the template if it pays a separate ...
Graded Import Template
The Graded template is for policies that pay percentage of the premium paid. The percentage rate decreases throughout the year as the cumulative paid premium increases. Graded commission are paid on group products provided by an employer such as ...
Target Premium Import Template
The Target Premium template is specifically for universal life and whole life policies. These policies pay a base commission rate on the “target premium” and a smaller rate on the “excess premium”. The Base and Excess rate can vary from year to year. ...
Fee Import Template
The Fee template is specific to policies that pay a fee. The fee is a dollar amount that is paid as earned or advanced. The fee can vary from year to year and is multiplied by the number of enrolled lives. The fee is entered at the comp plan level ...
Medicare Advantage Import Template
The MA-PDP template is specific for Medicare Advantage and Prescription Drug Plans. The fee paid set each year by the Centers for Medicare and Medicaid Services (CMS). Depending on when an insured enrolls, the commission can be 100% of the fee or a ...
Pct of Premium Import Template
The Percentage of Premium template is for policies that pay commissions based on a percentage of the paid premium. Typical products for this template are term life, disability, LTC, and voluntary benefits. Click the attachment at the bottom of the ...
Policy Import Templates Overview
Client policy information can be imported using pre-defined policy import templates or entered manually. Each import template contains specific columns based on they type of commission paid on the policy. Depending on the types of policies you write, ...