Issue

The Issue activity moves a policy from pending status to active status.  The Base Coverage segment, the Coverage Calculation activity and the Premium activity must be processed on the policy before this activity can be added.

To add this activity, open the term policy and select Add Activity from the Secondary menu.  

Add Activity Link on Policy Screen

Select Issue from the activity drop down box.  Then enter the effective date and select OK.  

The activity will be listed on the Activity screen with a lightning bolt icon next to it.  Click the lightning bolt icon to process the activity.  The policy status now displays as active.  Three activities are spawned once Issue is processed.  They are COIPayment, BillingStart and Anniversary.  These activities are system generated.

Policy in Active Status