Insurance benefit cease date

A benefit Cease Date can be added to an Insurance Instrument Account, to accommodate instances where the client is no longer contributing towards insurance, and the benefit has lapsed.

Go to the Insurance Instrument Card on the relevant account

Update the benefit cease date

The benefit will not be displayed on the front of the Insurance instruments card if the benefit cease date has been reached.

The Insurance Instrument will also not be shown in the Insurance Instrument Table on a statement if the benefit cease date is before the ‘To Date’ of the statement.

Last Updated on 12 months ago by Debra Hart