Name (free choice) for the insurance object to allow more exact specification

ID that you use to manage the insurance object in an external system ( external number )

Reference to lead objects for information (such as insurance policy with multiple contracts) ( object reference )

Reference to a Contract in the Feeder System The five fields for the reference to the contract in the feeder system represent an additional means of identification of the insurance object. They have key characteristics are unique for each insurance object.

Contract account for selected business partner

The Contract Account Category field is not ready for input. The system derives the account category from the account data.

When you choose an account creation variant , a contract account is created by you, or by the system, when creating or changing the insurance object.

Deletion indicator to mark the insurance object for archiving

Authorization group - you can use the authorization group to define which users can display or process an insurance object.

Notes for insurance objec t

Parameter Control area: Here you define whether payment and dunning data is processed or active for the insurance object or the contract account.

Clearing account, or variable clearing using an external insurance object.

Paying account and partner used to pay the open items for the original business partner with the payment program.

Incoming/outgoing payments: You define payment methods, alternative payers and payment recipients, bank details, and payment card IDs, where appropriate.

Controlling entries for dunning by dunning procedure for insurance companies: Dunning variant , whic h is used as the basis for the determination of the dunning procedure

Interest key, which is used in interest calculation to determine interest frequency, amount limits and transfer and tolerance days as long as no other interest key has been defined at a more specific level.

Business locks, which exclude the insurance object from posting, dunning, interest calculation, and lock it for incoming/outgoing payments.

Planning group for the business partner and additional days, up to payment of an open item (Cash Management )

Controlling entries for dunning by collection strategy

Controlling entries for withholding tax: Withholding tax indicator for incoming payments, withholding tax indicator for outgoing payments, and valid, variable withholding tax supplements for outgoing payments

Broker and broker contract used to process an insurance object-partner relationship

Flag that collections/disbursements are performed by brokers

Support period

Responsibility period for open items

Display history for broker assignment s

Parameter Control area: Here you define whether correspondence settings are processed or active for the insurance object or the contract account.

Invoicing type for direct payers

Base date for invoicing

Collective invoice partner and collective invoice account for invoicing, using an external business partner

Business locks that exclude the insurance object from invoicing, and from correspondence dunning

Correspondence variant for controlling correspondence with the policyholder

Correspondence dunning procedure for incoming correspondence

You can define whether an alternative correspondence recipient replaces the original correspondence recipient, or whether an additional partner receives correspondence.

Correspondence activities for recipient determination

Correspondence roles for alternative/additional correspondence recipien t

See Assign Payment Plan Data to Insurance Relationships

See Create and Change Payment Plan Items

See Create Master Data for Brokers and Master Data Scenarios for Brokers

Reference to insurance policy and business partner for claim number