Setting Up Payment Plans

End users can set up payment plans and payment method details for life insurance and annuity policies.

To set up a payment plan

1. Navigate to the Life & Annuities screen.

2. In the Policies/Quotes list, drill down on a policy.

3. Click the Payment Plans view tab.

4. In the Payment Plans list, add a record and complete the necessary fields.

   Note: The payment method you choose determines the type of list that appears. For example, if you select Electronic Funds Transfer as a payment method, the Payroll Deduction Plan/Electronic Funds Transfer Details form appears after you save the record.