Chart to Help Select Billing Method

Note: You can use the built-in wizard to select the billing type you need. Just click on this icon.

Billing Type	Premiums Vary with Age of Policy	All Insured Pay same Premium	Retain Commission, Send Premium to Ins. Cxr	Ins Cxr will return Commission to us	Commisson Equals	Send to Ins. Cxr
1	-	x	x	-	PolicyMaster Billable-PolicyMaster Payable	PolicyMaster Payable
2	-	x	-	x	PolicyMaster Billable×PolicyMaster Commission%	PolicyMaster Payable
3	-	-	x	-	ActivePolicy Billable-ActivePolicy Payable	ActivePolicy Payable
4	-	-	-	x	ActivePolicy Payable×PolicyMaster Commission%	ActivePolicy Payable Premium
5	-	x	x	-	PolicyMaster Billable-calculated commission%	PolicyMaster Billable×PolicyMaster Commission%
6	-	x	-	x	PolicyMaster Billable-calculated Payable Premium	calculated Payable
7	Special BIlling Type--only Admin Fees
8	x	x	x	-	PolicyMaster Billable×Appropriate age % on PolicyMaster	PolicyMaster Billable-calculated Payable
9	x	x	-	x	PolicyMaster Billable×Appropriate age% on PolicyMaster	calculated Payable
10	x	-	x	-	ActivePolicy Billable×Appropriate age% on PolicyMaster	ActivePolicy BIllable - calculated Payable
11	-	-	-	x	ActivePolicy Billable×Appropriate age% on PolicyMaster	ActivePolicy Payable
12	-	x	-	x	PolicyMaster Payable×PolicyMaster Commission%
12(cont'd)	-	x	x	-	PolicyMaster Billable-PolicyMaster Payable	PolicyMaster Payable
13	-	-	-	x	ActivePolicy Payable×ActivePolicy Commission%
13(cont'd)	-	-	x	-	ActivePolicy Billable-ActivePolicy Payable	ActivePolicy Payable
14	-	-	x	-	ActivePolicy Billable-ActivePolicy Payable	ActivePolicy Payable + Insurance Carrier Admin. Fee
15	-	X	x	-	PolicyMaster Billable-PolicyMaster Payable	PolicyMaster Payable + Insurance Carrier Admin. Fee
16	-	-	-	X	ActivePolicy Billable-Active Payable	ActivePolicy Payable + Insurance Carrier Admin. Fee
17	-	X	-	X	PolicyMaster Billable-PolicyMaster Payable	PolicyMaster Payable + Insurance Carrier Admin. Fee