Template:New Business Step 4: Difference between revisions
No edit summary |
No edit summary |
||
| Line 9: | Line 9: | ||
<td>'''Pend'''</td><td>Additional information or clarification is needed.<br>Specify the pend period (typically 10 days) and request the missing details, documentation, or premium.</td></tr></table> | <td>'''Pend'''</td><td>Additional information or clarification is needed.<br>Specify the pend period (typically 10 days) and request the missing details, documentation, or premium.</td></tr></table> | ||
{{attention|Address all other flagged issues, such as missing documentation or rating errors, before taking the next step.}} | {{attention|'''Address all other flagged issues''', such as missing documentation or rating errors, before taking the next step.}} | ||
}} | }} | ||
Latest revision as of 16:29, 27 February 2025
4. Decide Processing Outcome
Decide whether to Issue, Reject, or Pend the application:
| Issue | All requirements are met. Proceed to issue the New Business application. |
| Reject | Application contains discrepancies or documentation is invalid. Inform the agent and provide reasons.
Feedback Needed: |
| Pend | Additional information or clarification is needed. Specify the pend period (typically 10 days) and request the missing details, documentation, or premium. |
Address all other flagged issues, such as missing documentation or rating errors, before taking the next step.