Policy

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An insurance policy, which typically relates to multiple Benefits.

Standard Field Label & API Name

Type

Description

Id

Id

Id

Unique identifier for the policy.

 

Custom Field Label & API Name

Type

Description

Annual Premium

cloupra__Annual_Premium__c

Formula (Currency)

The annualised premium for the policy, based on the premium and the premium frequency.

Automatic Renewal?

cloupra__Automatic_Renewal__c

Checkbox

Indicates that the policy automatically renews for the same term.

Batch

cloupra__Batch__c

Lookup (Batch)

Batch record used to insert or update the policy.

Benefit Annual Premium

cloupra__Benefit_Annual_Premium__c

Formula (Currency)

Calculates the policy’s annual premium based on the premium frequency and the benefit premium summed from Benefit.

Benefit Premium

cloupra__Benefit_Premium__c

Currency (16,2)

Benefit premium summed from Benefit.

Broker/Agent

cloupra__Broker__c

Lookup (Contact)

The broker or agent through whom the policy was purchased.

Client

cloupra__Client__c

Lookup (Account)

The client to whom the policy relates.

Employee Premium Contribution

cloupra__Employee_Premium_Contribution__c

Formula (Currency)

The employee's contribution to the annual premium for a group policy.

Employer Premium Contribution

cloupra__Employer_Premium_Contribution__c

Formula (Currency)

The employer's contribution to the annual premium for a group policy.

External Number

cloupra__External_Number__c

Text (255) (External ID, Unique, Case Insensitive)

A unique identifier for the policy from an external system, such as an integrated policy administration system.

External Number 2

cloupra__External_Number_2__c

Text (255) (External ID)

A unique identifier for the policy. Used for matching when uploading related files or integrating systems. Populate this field if there are variations on a single number from external sources (e.g. commission files).

External Number 3

cloupra__External_Number_3__c

Text (255) (External ID)

A unique identifier for the policy. Populate this field if there are variations on a single number from external sources.

External Number 4

cloupra__External_Number_4__c

Text (255) (External ID)

A unique identifier for the policy. Populate this field if there are variations on a single number from external sources.

External Number 5

cloupra__External_Number_5__c

Text (255) (External ID)

A unique identifier for the policy. Populate this field if there are variations on a single number from external sources.

General Insurance Type

cloupra__General_Insurance_Type__c

Picklist (Multi-Select)

The type/s of general or other insurance, e.g. health, contents, building, car, etc.

Insurance Provider

cloupra__Insurance_Provider__c

Lookup (Account)

The provider or issuer of the insurance policy.

Launch Context

cloupra__Launch_Context__c

Picklist

Defines whether this process type can be launched manually by users, automatically by workflow, or both.

Notes

cloupra__Notes__c

Text Area (255)

Any other relevant information about the policy.

Policy Fee

cloupra__Premium__c

Currency

(6, 2)

Policy fee payable at the same frequency as benefit frequency.

Policy Number

cloupra__Policy_Number__c

Text (40)

The policy number as issued by the provider.

Policy Owner Account

cloupra__Policy_Owner_Account__c

Lookup (Account)

The client policy owner.

Policy Owner Person

cloupra__Policy_Owner_Person__c

Lookup (Contact)

The person policy owner.

Policy Owner Type

cloupra__Policy_Owner_Type__c

Picklist

Defines whether the policy owner is a client or client person.

Policy Related To Names

cloupra__Policy_Related_To_Names__c

Long Text Area (131072)

A list of the names of people and entities related to the policy. Rolled up automatically from related roles.

Policy Type

cloupra__Policy_Type__c

Picklist

The type of policy, e.g. life or general.

Premium

cloupra__Premium__c

 

Currency (6,2)

The amount of the premium.

Premium Frequency

cloupra__Premium_Frequency__c

Picklist

The frequency of premium payments, e.g. monthly, yearly, etc.

Premium Split Source

cloupra__Premium_Split_Source__c

Picklist

Defines whether the premium payments are split using the group default or specified on the policy.

Premium Structure

cloupra__Premium_Structure__c

Lookup (Category)

The structure of premium pricing, e.g. rate for age, indexed, etc.

Product

cloupra__Product_Name__c

Text (150)

The name of the insurance product for the policy.

Product Channel

cloupra__Product_Channel__c

Picklist

The sales channel of the policy.

Provider

cloupra__Provider__c

Formula (Text)

The insurance provider, either directly related to the policy (for retail channel) or via a group scheme (for group channel).

Provider Name

cloupra__Provider_Name__c

Formula (Text)

The name of the provider of the insurance policy.

Related Client

cloupra__Related_Client__c

Formula (Text)

The client to whom the policy relates, either directly or via another record.

Related Client Name

cloupra__Related_Client_Name__c

Formula (Text)

The name of the client to whom the policy relates, either directly or via another record.

Renewal Date

cloupra__Renewal_Date__c

Date

The date the policy is due for renewal.

Service

cloupra__Service__c

Lookup (Service)

The service to which the policy relates.

Specific Employee Contribution

cloupra__Specific_Employee_Contribution__c

Currency (5,2)

The employee premium contribution where the premium split is specified on the policy rather than inherited from a group scheme.

Stage

cloupra__Stage__c

Lookup (Category)

The current stage of the policy, e.g. in force, lapsed, declined, etc.

Start Date

cloupra__Start_Date__c

Date

The date on which the policy commenced.

Sum Insured

cloupra__Sum_Insured__c

Currency (8,2)

The insured value, for non-life policies.

Termination Date

cloupra__Termination_Date__c

Date

The date on which the policy was closed or terminated.

Total Annual Premium

cloupra__Total_Annual_Premium__c

Formula (Currency)

Sum of the annual benefit premiums and the policy fee.

Total Premium

cloupra__Total_Premium__c

Formula (Currency)

Sum of the periodic benefit premiums and the policy fee.

Under Advice?

cloupra__Under_Advice__c

Checkbox

Indicates that the policy is under advice.

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