Policies

The central register of every member insurance policy issued through the institution. Staff see status, cover amount, premium schedule and the underwriting partner, and can renew, lapse or cancel cover. It is the system of record that links each member to live protection and to premium receivables.

Workflow

Open Policies to browse active, lapsed and pending records.
Open a policy to inspect cover, premium schedule and beneficiary.
Use the activation button to bind a draft policy with the underwriter.
Record premium collections against the schedule as they fall due.
Lapse or cancel a policy when premiums stop or the member opts out.

Fields reference

Every field on this screen, drawn from the live data model.

Field	Type	Required	Description
Website Messages `website_message_ids`	List	—	Website communication history
Underwriter Policy No. `policy_number_underwriter`	Text	—	Reference returned by the underwriter
Commission % `commission_pct`	Decimal	—	Frozen at activation; falls back to product/underwriter default
Product `product_id`	Link → mfi.bancassurance.product	Yes	Product
Insured Member `member_id`	Link → mfi.member	Yes	Insured Member
Sum Assured `sum_assured`	Money	Yes	Sum Assured
Premium `premium_amount`	Money	Yes	Premium
Premium Frequency `premium_frequency`	Choice: One-off, Monthly, Quarterly, Annual	Yes	Premium Frequency
Start Date `start_date`	Date	Yes	Start Date
Status `state`	Choice: Quoted, Applied, Underwritten, Active, Lapsed, Claimed, Renewed, Cancelled	Yes	Status
My Activity Deadline `my_activity_date_deadline`	Date	—	My Activity Deadline
Has Message `has_message`	Yes/No	—	Has Message
Ratings `rating_ids`	List	—	Ratings
Policy Reference `name`	Text	—	Policy Reference
Underwriter `underwriter_id`	Link → mfi.bancassurance.underwriter	—	Underwriter
Product Type `product_type`	Choice: Credit Life, Funeral, Health, Motor, Fire & Property, Agricultural / Crop & Livestock, Personal Accident, Property	—	Product Type
Beneficiary `beneficiary_member_id`	Link → mfi.member	—	Beneficiary
Beneficiary Name (free text) `beneficiary_name`	Text	—	Beneficiary Name (free text)
Beneficiary Relationship `beneficiary_relationship`	Text	—	Beneficiary Relationship
Sales Officer `officer_id`	Link → res.users	—	Sales Officer
End Date `end_date`	Date	—	End Date
Commission (this premium) `commission_amount`	Money	—	Commission (this premium)
Total Commission Earned `total_commission_paid`	Money	—	Total Commission Earned
Premium Debit Account `premium_debit_account_id`	Link → mfi.savings.account	—	Premium Debit Account
Standing Order `standing_order_id`	Link → mfi.standing.order	—	Standing Order
Claims `claim_ids`	List	—	Claims
Commission Ledger `commission_ids`	List	—	Commission Ledger
Claim Count `claim_count`	Number	—	Claim Count
Notes `notes`	Rich text	—	Notes
Currency `currency_id`	Link → res.currency	—	Currency
Company `company_id`	Link → res.company	—	Company
Branch `branch_id`	Link → mfi.branch	—	Branch

Actions & buttons

Buttons available on this screen and what they do:

Apply
Submit for Underwriting
Activate
Open Claim
Renew
Lapse
Cancel

Status lifecycle

Records on this screen move through these statuses:

Quoted → Applied → Underwritten → Active → Lapsed → Claimed → Renewed → Cancelled

Notes & rules

Model mfi.bancassurance.policy; statuses typically draft, active, lapsed, cancelled, expired.
Holds sum assured, premium amount/frequency, start and end dates, underwriter.
Premium collection drives accounts-receivable and remittance to the partner.
Linked upstream to the quote wizard and downstream to Claims and Commissions.

Technical model: mfi.bancassurance.policy · Record: Bancassurance Policy