The Coverage Class controls which data entry screen you will use to enter data about the coverage. Life Insurance is a different class of coverage from Health Insurance and has different benefits and data elements. Therefore Advisors Assistant has a different data entry screen for these classes:
| • | Property and Casualty / Other |
A policy can have more than one coverage and the coverages can be of different classes. Therefore, a single policy could have both life and disability coverages if so issued by the company.
Changing The Coverage Class
You can change the description of the coverage class. For example, instead of "Annuity" you can show it as "Retirement". To change the coverage class you need Administrative privileges in Advisors Assistant.
| 1. | Click on the Admin Menu at the top of the screen. |
| 2. | Click on Maintain Abbreviations. |
| 3. | On the drop down list at the top, select Policy Product Class |
| 4. | Click on the Modify Button |
