| AXIS
Update Information |
| Update
Summary: |
Advance X% of First Year Compensation |
| Update
Type: |
Enhancement
|
| Version
# : |
12201001 (15 Feb 08) |
| Modules
Affected: |
Regular Life , Par Products , Disability |
| Changes
Results: |
No
|
| GGY
Job # |
22390 |
| Detailed
Update Description |
In the Regular Life, Par Products and Disability modules, the switch "First year commission/bonus" in the Product Features have been split into 2 separate switches: "First year commission" and "First year bonus". Two scalar fields are also added to allow users to advance a proportion of commission or bonus based on annual or annualized premium. The remaining proportion can be paid when premium is paid or can be spread evenly to all months (i.e. include advance paid months).
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