Insurance Policies

Policies, covered assets with sums insured, and claims.

Overview

A policy covers assets with a sum insured per asset. Claims move Draft, Submitted, Approved or Rejected, then Settled. Expiry shows live and feeds the compliance calendar.

When to use insurance policies

• You insure equipment.

Step by step

1. 1Open Insurance PoliciesIn Assets, open Finance → Protect & Dispose → Insurance Policies.
2. 2Add a policy
3. 3Open a policy
4. 4Raise a claim

Lifecycle

Claim states; the state machine refuses skipped steps.

Permissions

These permission keys control access (granted to roles in Administration → Roles & Permissions):

• assets.finance.manage

Automation

• Changes on this screen are written to the asset audit trail and the asset timeline.

Related features

• Compliance Calendar