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Overview
Insurance can help organization manage the risks of relatively rare, but expensive events, throughout their employee life such as car accident, theft or fire. Without the protection of an insurance policy, one would be responsible for covering the loss you experienced.
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Assets and Inventories Common ► Insurance ► Insurance Claim
Insurance Policy screen Fields
Field | Description |
Id | Unique identification code for the Insurance Claim. |
Insurance Claim Type | Type of Insurance Claim is selected in this field from drop down box. For example, First Party Claim or a Third Party Claim. |
Insurance Claim Workflow Status | Workflow Status of Insurance Claim is shown in this field. |
| Fiscal Year | Bydefault current fiscal year, Selects fiscal year from the dropdown menu list. |
| Fiscal period | Bydefault current fiscal period, Selects fiscal period from the dropdown menu list. |
Insurance Policy | Insurance Policy is selected from the lookup option. |
Institution Code | Institution Code is selected from the lookup option. |
Employee | Employee is selected from lookup option. |
Occurrence Date | Occurrence Date of the loss to be selected from calendar button. |
Language | Country specific language to be selected from drop down box. |
Cause | Cause of loss is mentioned in this field. |
Claims Made Date | Date on which claim is made is selected from calendar button. |
Currency | Currency is selected from drop down box. |
Exchange Rate | Exchange rate of the selected currency is shown in this field by the system. |
Claim Amount(Domestic) | Claim amount in domestic currency is shown in this field. |
Claim Amount(Foreign) | Claim amount in foreign currency is shown in this field. |
Deductible Amount(Domestic) | Deductible amount in domestic currency is shown in this field. |
Deductible Amount(Foreign) | Deductible amount in foreign currency is shown in this field. |
Authorized Payment(Domestic) | Amount of authorized payment expressed in domestic currency. |
Authorized Payment(Foreign) | Amount of authorized payment expressed in foreign currency. |
Created By | Users by whom Insurance Claim is created. |
Created Date | Date of creation of Insurance Claim. |
Approved By | Users by whom claim has been approved. |
Approved Date | Date of approval is entered by system in this field. |
Warehouse Insurance Claim | Details regarding Insurance claim of Warehouse is added from this tab. |
Asset Item Insurance Claim | Details regarding Insurance claim of Asset Item is added from this tab. |
Employee Insurance Claim | Details regarding Insurance claim of employee is added from this tab. |
Attachments | Documents having additional information are added from this tab. |