Waive Premium

Note: Users must have the authority, "Waive Premium," (Billing group) to issue this adjustment.

1. Access the policy, and click Billing from the Quick Links Tree View.

2. Choose Waive Premium from the Adjustments combo box.  

3. Enter the amount of premium being waived.

4.  Select the Accept button.

5. Confirm the selection by selecting Yes to the question: "Are you sure you want to waive <$$$$$> off this transaction?"

1. • The Total Outstanding and Total Premium Billed fields decrease by the amount waived.

   • The Total Waives, Total Premium Waived and Credit In fields are all increased by the amount of the premium waived.