Creating a Binder

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Creating a Binder

Once you have completed a marketing application, you can place a policy in force and / or create a binder. Binders can also be added to existing policies from the Servicing screen.

To Create a Binder

Complete the marketing policy.
On the Navigation Toolbar, click Save Changes.
On the Navigation Toolbar, click In force.

Select Bound, and select Click here to create binder.
Click Save. The binder details will be displayed.

Note: The binder also appears on the right in a tree view. The [Close] link is unavailable until the binder has been posted. If a binder is closed, an [Open] link will be displayed. Click [Open] to reopen the binder.

In the tree view, click the Expand icon to open the binder sections.

In the Form column, click on the form title to view the Live Form Documentation screen.

The Live Form Documentation screen gives the following options when working with binders:

Click the Compare Forms icon to view, side-by-side the source form and the binder form. A comparison can be made to see where the source information is placed on the binder form.

Click the Expand icon to open a view of the data mapping that occurs on the forms.

The data mapping shows what data is being pulled from the source form and where it is being sent to on the target form. When there is no space on the target form, mapped data will be sent to a Binder Overflow target section on the binder form.

Tip: The Binder Overflow information can also be viewed and edited by accessing the section through the navigation tree.

In the Navigation Toolbar, click Preview to preview the binder in PDF. The binder can also be previewed by clicking on the PDF icon next to the binder.

Note: The Print option is not available in the Navigation Toolbar until the binder has been posted. The binder also cannot be printed until it has been posted.

On the Navigation Toolbar, click Post to post the binder.

The following conditions apply once the binder has been posted:

The [Close] option becomes available.
The Abort option is no longer available.
The Remove icon will be dimmed.
The Print option becomes available.
Delivery option becomes available.
Extend icon becomes available. The binder can be extended until closed.
Posted check box is automatically selected in the policy header.

The Post option is no longer available as the binder has been posted.
The Authorized Signature list is available for extensions that require a signature change.