Introduction
Termination Letter is a function designed for Norway insurance companies.
Termination Letter is obligated to be sent by a new insurance company to the previous insurance company to inform about the inception of the new insurance, and terminate the existing one. Termination letter includes:
Policyholder details
Insured object details
New inception date
Other messages/notes from Company A to Company B
For example, if customer X currently has a car insurance with Company A, and goes to Company B to buy a policy for the that car, Company B (new insurer) must send the termination letter to Company A (previous insurer) to inform about the change on the car insurance.
Prerequisites
You should define the following information:
List of insurance companies, see https://contemi.atlassian.net/wiki/spaces/SHC/pages/1755643907/Product+Settings#INSURANCE-COMPANIES
Termination Letter and Email for each product
How to send a termination letter?
Please refer to this article How to send a termination letter?