Types and Sub-Types are categories and sub categories of the products you sell. They can be added to a policy and used in many reports to show where premium and commissions are derived.
Types and Sub-Types can be changed for multiple policies using the bulk change tool on the Policies page.
Bulk Change - Types & Sub-Types
Go to the Main Menu.
Click Policies.
Click the BULK CHANGE button.
Click +Types & Sub-Type.
Use the filter row to narrow your selection.
Click the box next to the policies to include in the bulk change.
A Comp Plan describes how a commission is paid on a policy. AgencyComp can calculate, estimate and track commissions for the five most common types of commission payments. Percentage of Premium Medicare Advantage Fee Target Premium Graded Comp Plans ...
Sub-Types further define the Types of insurance you sell. A Sub-Type is a child of a Type (parent). Adding a Sub-Type to a policy can provide even more detail on the types of products sold. Sub-Types Type Sub-Type Life 10 YRT 20 YRT 15 YRT 20 YRT ...
Premium and commission can be tracked by the Types of product you sell. AgencyComp comes pre-loaded with the most common types of insurance sold. The Type section can be customized to the types of products you sell. Each type can have multiple ...
Revenue Types are names given to other types of compensation on a policy. An example is an override or bonus. The revenue type name from the commission statement is used to match the commission to a policy. A revenue type is linked to a carrier. Add ...
There are three types of clients available. Individual - An individual client is a single person who owns one or more policies. An individual's first and last name are required. Typical individual policies include: Term Life Disability Medicare ...