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 Insurance Objects with Customer-Initiated Payment Form

Use

A payment form with proposal character is agreed with the policyholder, for insurance relationships with customer-initiated payment form. The policyholder determines when payments are made, and the amounts. This means that you cannot set concrete receivables in the Collections/Disbursements system. The incoming payments for the policyholder determine when open items cleared with the previously received payment are created, and the amounts.

This section describes the settings you make for payment plans and payment plan items of this type in the Collections/Disbursements system, and how the system processes these settings.