Quote Admin Business Workflows

You can associate one of the following roles for the applicants for a quote:

• Policy holder: fill in both masterQuoteAdminId and quoteAdminId lookups;

• Payer: fill in both masterQuoteAdminId and quoteAdminId lookups;

• Insured, Beneficiary: fill in only quoteAdminId lookup.

Quotes Business Workflow

A quote can have one of the following business statuses:

Status Name	Description
Draft	The quote is registered in the system and subjected to UW rules from product level.
Offers Generated	The quote has passed the UW rules.
Declined by UW Rules	The quote did not pass the UW rules.
Submitted	The offer was sent or presented to the client.
Accepted	The offer is accepted by the client.
Declined	The offer is declined by the client.
Locked by UW	The offer is part of the UW Admin workflow in progress.
Approved by UW	The offer is accepted by UW admin.
Declined by UW	The offer is rejected by UW admin.
Policy Issued	The policy is issued.
Expired	The quote has passed its validity date.

The business statuses and workflow for a quote are given in the diagram below.

Master Quote Business Statuses

The master quote can have one of the following statuses:

• Locked by UW, if one of the quotes is declined by UW, and one is locked by UW;

• Declined by UW, if all the quotes belonging to it are declined by UW;

• Offers Submitted, if minimum one quote that is a part of it is submitted;

• Policy Issued, if minimum one quote that is a part of it has an issued policy.