Insurance Policy Asset Item

Overview

Insurance Policy Asset Item entity contains all insured Asset Items by an Insurance Policy.  

 

Insurance Policy Asset Item tab screen fields

 

FieldsDescription
Asset ItemAsset item that covered under the Insurance policy
Policy Amount Dc
Default value is 0.00
The amount of coverage of insured warehouse.
Should be equal or greater than 0.00
Policy Amount Fc
Default value is 0.00
The amount of coverage of insured warehouse in foreign currency.
Should be equal or greater than 0.00
Deductible Amount(Domestic)The amount which insured agree to pay, per claim or per accident. This is subtracted from the total amount paid by the insurer.
Deductible Amount(Foreign)The amount which insured agree to pay, per claim or per accident in foreign currency. This is subtracted from the total amount paid by the insurer.
LanguageLanguage use to enter Insurance Policy Warehouse
Special Coverage TermsImportant terms of the Insurance Policy.
Insurance Policy operational status
Read Only
These are the possible operational status for the insured warehouses. 
Possible status could be:
Application Process
Active Coverage
Expired
Cancelled