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Siebel Insurance Guide > Managing PUL Policies > Providing PUL Policy QuotesIn Siebel Insurance, a quote is a policy that has not been issued. End users can generate a quote for a new policy or for a change to an existing policy. The Quick Quote view provides a way to gather basic policy and rating information. The information collected through the Quick Quote view represents the minimum rating information needed to create an initial premium calculation. To generate a PUL insurance policy quote
After collecting the data, you can submit it to an external rating engine to determine the premium. In the application, you can add information to help underwrite and administer the quote. You can use the Rating form to manipulate the Rating factors and further refine the quote. NOTE: You can configure your Siebel application to add a Rate button that activates the software program your company uses to rate policies. |
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