Configure the Policy Suspension Duration

To configure the default duration of a suspension as a value in days, follow the steps below:

  1. In the main menu, navigate to Settings > Insurance Parameters. The list of existing insurance parameters is displayed.

  2. Double click the Policy Suspension parameter. The default value of the suspension is set to 30 days.

  3. Click the New Version button. The grid for the new version of the parameter is displayed, with editable fields.

  4. Edit the Value field with the new desired suspension duration, in days.

  5. Click Save and Close. The new version is now available for approval in the History tab of the parameter record.

  6. You can view the configured default suspension value when creating your product using Insurance Product Factory, when choosing the Policy Suspension Duration Type. Read about this configuration on the Main Info page.