Where to note Premium Finance?

[Sara Lieser]

What are some of the ways you note that a policy is paid/billed through premium finance?

Do you have a code somewhere on the billing screen?

I appreciate the input!

[Andrew Carrick]

We use the Pay Mode single character field for this.

[Jan Regnier]

We have a PAY MODE "F" = Financed Outside with billing as AGENCY on the billing screen.

[Alice Mooney]

We have a PAY MODE "F" = Financed Outside with billing as AGENCY on the billing screen.

We have that too. I wonder if it's a TAM standard...like everyone has that one.

[Jan Regnier]

We have a PAY MODE "F" = Financed Outside with billing as AGENCY on the billing screen.

We have that too. I wonder if it's a TAM standard...like everyone has that one.

Probably is...I don't think I would have used that particular verbiage if I had input that description/code.

[Hans Manhave]

We (v.10. don't have a pay mode 'F'.  It lists 0 - don't use, 3 - 40-30-30, 8 - one down pmt, 8 monthly, 9 - (similar to , A - annually, M - monthly, Q - quarterly, S - semi-annually.  Those are all the choices.  I know one can create more, one can maybe delete also?  I may have done those things long ago.

[Alice Mooney]

I was able to delete that one and saw there was another
C=Financed Company

This is the first time I've been in this area so I do not know if they added/removed anything before I started working here.

[Conan_Ward]

You can add/delete/revise them. They're in utils>general>field defaults>Define policy pay plans.