Category: Insurance

In the United States, benefit insurance is an important component of personal and family financial security. These insurance policies are made to provide security and comfort in a variety of facets of life. Let’s take an example of some common

A “Risk Schedule” in the context of AL3 files typically refers to a section or segment of the file that contains information related to risks associated with an insurance policy. The specific details included in a Risk Schedule may vary

Insurance Policy is a fundamental aspect of providing individuals and businesses with vital protection against unforeseen risks. Every insurance policy included an insurance premium, which is the sum of money that policyholders must pay to continue their coverage. Insurance Premium:

Insurance Transaction Codes: There are different types of Insurance transaction codes used to show the current status of a policy. For Example NBS – New Business – This means we are creating a new policy from scratch in which the

The term “verbal limit” is not one that is commonly used in the insurance sector when discussing insurance coverage. It’s possible that you’re referring to a particular term or clause that an insurance company uses. As insurance terms and conditions

Policy Holder: The policyholder is the person who purchases the insurance policy. Policyholder can also be identified as one of the Named insured mentioned in the policy. In most cases, when a big contractor/client wants to work with subcontractors or

Insurance Plan: An insurance policy or plan is a contract between the policyholder and an insurance firm. You pay regular sums of money in the form of premiums to the insurer, and they compensate you if a terrible event occurs,

Subrogation: When an insurance company keeps a right to legally pursue a third party (who was at fault) that can cause a claim loss to the insured, this is called as subrogation. Most of the time, an individual insurance company

LightningAlert is a new feature that comes in the summer 22 release. Chrome and Safari decided not to support window.alert so salesforce provides an inbuilt feature called LightningAlert. To use this feature first, we need to import LightningAlert. Example: