Policies

• Draft: saved without a policy number (e.g. a renewal draft or one created from an accepted quote).
• Active: after you enter the policy number and activate; installments and the expected commission are created.
• Expired: set automatically after the end date when not renewed.
• Renewed: when the renewal is activated the old policy becomes Renewed.
• Cancelled: from an active policy, with a reason.

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Amounts

• Gross premium: what the client pays (incl. stamp duties and fees). Installments are split from it.
• Net premium: the commission base. Commission = net × percentage.
• Agent split: a share of the commission shown on the agent statement.

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