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Adding Credit Insurance to a Deal

Autosoft -

If a buyer wants to include credit insurance on a deal, you can add the option directly from the Desking page of the deal.

Step 1. Open the deal

Step 2. Click the Desking button under the Deal Summary Card. The Desking page of the deal will open.

Step 3. Click the Credit Insurance pop-up button in the center column of the Desking page.  

Step 4. A pop-up will open containing a Credit Insurance Card. Click the options button in the provider field below the card title to open the drop-down menu of providers. 

Step 5. To add life insurance, click the options button in the Life Insurance Type field to open the drop-down menu of policy types. The Max Total Benefit and Premium amounts are read-only unless you've clicked the Override Premiums toggle at the bottom of the screen (making the background of the toggle blue), which will allow you to enter a different dollar figure in the Premium field. Use the Buyer and Co-Buyer (if the deal has a co-buyer) toggles to signify who will be covered by the plan. The Total Premium dollar figure will reflect the addition. 

Step 6. To add A&H insurance, use the Accidental & Health Insurance line of the card to enter the necessary information. Select the Type, Days, and Critical Period of the coverage using the fields' drop-down menus. The Max Mo (monthly) Benefit and Max Total Benefit fields are read-only. The Premium field is also read-only unless you've clicked the Override Premiums toggle at the bottom of the screen (making the background of the toggle blue), which will allow you to enter a different dollar figure in the Premium field. Use the Buyer and Co-Buyer (if the deal has a co-buyer) toggles to signify who will be covered by the plan. The Total Premium dollar figure will reflect the addition. 

Step 6. Click Save and Close. The Credit Insurance field will reflect the addition of the plans.

Step 7. Click Save on the Desking screen to update the deal. 

 

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