Billing Plans - Misc Rules Utilities Table

This table contains all of the defined billing plan miscellaneous rules that can be used for policy invoicing.

 

Field Descriptions

Deposit Billing Rules

Deposit Table

Choose the correct deposit table from the drop down arrow.

Deposit Adjustment Method

Choose the correct deposit adjustment method from the drop down arrow.

Generate Deposit Refunds

Enter a check mark in the box if the deposit is to be refunded.

 

Invoice Creation Rules

Default Premium Billing Item

Choose the correct default premium billing item from the drop down arrow.

Allow Zero Invoice Items

Enter a check mark in the box if no invoice items are allowed.

Other Billing Rules

Effective Termination Date Method

Choose the correct method to terminate from the drop down arrow.

Default Billing Day

Enter the day of the month as a default billing day.

Termination Grace Period

The amount of days for a grace period when a policy is terminated.

Late Fee Grace Period

The amount of days for a grace period when a policy payment is late.