Loans > Loan Screens > Insurance Screen Group

Use this screen to view, create, and edit information about insurance coverage for customers who use an outside company to insure collateral items (or other items secured by the loan). This screen allows your institution to track when insurance policies have expired. Expired insurance policies can be automatically sent to a Contact Queue, where your institution can notify the customer that the policy must be renewed in order to maintain compliance on their loan.

Institution Option RDIN must be enabled in order to use this screen.

The list view at the top of this screen displays all insurance policies for collateral items that are being tracked for the customer. To create an insurance item (and add it to the list view), click <Create New>, enter information in the fields on this screen, then click <Save Changes>. To edit an existing insurance item, select an item in the list view to populate the fields on this screen with that item's information, then click <Save Changes>. The fields will then be available for editing. Insurance items can be deleted by selecting them in the list view and clicking <Delete>.

This screen's appearance changes according to the selected Insurance Type being created, viewed, or edited (see Insurance Type in the table below for more information). If the Insurance Type is:

•Auto, Personal Property, Power Sports, or Outdoor Power Equipment, this screen appears as shown on the Tracking Insurance Screen: Auto/Personal Property help page.

•Homeowners, Hazard, or Flood, this screen appears as shown on the Tracking Insurance Screen: Homeowners help page.

•Taxes, this screen appears as shown on the Tracking Insurance Screen: Taxes help page.

Basic policy information fields appear beneath the list view regardless of which version of this screen is being viewed. These fields are as follows:

Field	Description
Insurance Type Mnemonic: INTYPC	Use this field to indicate the type of insurance used for the collateral item being tracked on the customer loan account. This screen's appearance changes according to the value in this field. See the bullet points above for more information. GOLDPoint Systems determines which insurance types appear in this field according to your institution's needs. Possible selections in this field are: 30 - Tracking Auto 31 - Tracking Homeowners 32 - Tracking Force Placed Hazars 33 - Tracking Forced Placed Flood 34 - Tracking Force Placed Taxes 35 - Tracking Flood 36 - Tracking Personal Property 37 - Tracking Power Sports 38 - Tracking Outdoor Power Equipment
Term Mnemonic: INTERM	Use this field to indicate the term of the insurance item being created/edited (in months).
Policy Nbr Mnemonic: INPLCY	Use this field to indicate the policy number of the insurance item being created/edited, as provided by the insurance company.
Effective From/to Mnemonic: REPEFD/RESEXP	Use these fields to indicate the date range when the insurance item being created/edited is effective. The system automatically calculates the Effective to field based on the values entered in the Term and Effective From fields.
Total Coverage Needed Mnemonic: INCAMT	Use this field to indicate the total dollar amount of coverage needed for the insurance item being created/edited. This value represents the amount it would cost to replace or rebuild a home, personal liability coverage, extra umbrella coverage (endorsements or clauses), etc. (see the Dwelling Coverage field for more information).
Annual Premium Mnemonic: INPREM	Use this field to indicate the premium amount for the insurance item being created/edited.

	Record Identification: The fields on this screen are stored in the CSRE record (Insurance Tracking). You can run reports for this record through GOLDMiner or GOLDWriter. See CSRE in the Mnemonic Dictionary for a list of all available fields in this record. Also see field descriptions in this help manual for mnemonics to include in reports.