The insurance Insurance module is available out of the box in Finflux. This module supports capturing policy details and claim management for Payment Protection Insurance (PPI). We need to do below initial setups to enable the module.
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Click on “Insured Deceased Document Tags” to update the list of supporting documents for death proof.
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Similarly “Co-Insured Deceased Document Tags” needs to be updated.
Configure a list of supporting documents for the claim:
Once death intimation is approved branch needs to upload a set of supporting documents to process the claim. To configure this list of documents navigate to Admin>System>Manage Code and search for “Insurance Document Tags” then click on Insurance Document Tags to update the related document list.
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Configure Insurance Premium Charge:
To configure the insurance premium charge navigate to Admin>Products>Charges then click on “Create Charges”
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If you want to modify the charge as an insurance premium charge, then instead of create charge click on the charge you want to modify. |
Either while creating or modifying the charge all the fields need to be filled like any other loan charges.