Updating Insurance Information
You will not need to make many changes to the insurance cards, but occasionally you may need to add, change or remove policies.
Changing an Insurance Number
You can change the number of an insurance policy by entering a new number and confirming the subsequent message. The change can take some time, because the program must check all the windows in which the insurance number appears, and then replace the number on all the relevant entries.
Annual Premium and Coverage Amount
When you receive the annual renewal notice, you must update the Annual Premium field on the insurance card manually if you want it updated. This field is purely for information.
When you receive information about changes in the coverage amount, you should change it on the insurance card in order to make sure that you analyze insurance policy coverage correctly.
See Also
Tasks
How to: Modify Insurance Cards
How to: Index Insurance
How to: Delete Insurance Cards
How to: Correct Insurance Coverage Entries
Concepts
Insure Fixed Assets
Set Up Fixed Asset Insurance