3 Policy Transactions-TOPUP

This topic provides information on TOPUP Transactions.

A Policyholder can initiate any of the following transactions in a Policy that one has purchased:

• Top Ups
• Partial or Full Redemption Transactions, known as Surrender Transactions
• Partial or Full Switch Transactions

Note:

Policy transactions can be carried out through the Agency Branch component only.

Policy Transactions can only be initiated into authorized policies for which the underlying initial investment transaction has already been generated. The Policy transaction must be authorized before it becomes effective and the underlying transactions are generated.

This topic contains the following sub-topics:

• Process Policy Transaction-TOPUP Detail
  This topic provides the systematic instructions to enter and save a Top Up transaction.
• Policy Transaction-TOPUP Summary
  This topic provides the systematic instructions to perform the basic operations on the selected records.