|
FWCJUA Tier Qualifier
Probably the greatest problem an agent has is the determination of the correct FWCJUA
pricing tier. If you select the wrong tier you will end up delaying the
issuance of the policy, usually have to require your client to produce another
payment and certainly will frustrate yourself and probably aggravate your
client.
The qualifier presents a series of questions with answer alternatives. Each
response leads to another question. Ultimately, the process ends with the
selection of the proper tier.
At this point you can go directly to the pricing tool which has been preset
to derive the correct tier. After you make the pricing tool entries, a
premium estimate is created ready for presentation to your client.
Also available, without entering any other data are the premium estimates for the other tiers and the standard market price. In addition, with a click, a partially completed premium finance contract is presented which enables you to enter a fee for your efforts in gathering the financial information for our premium finance broker.
|