Once a scenario is complete, you can bring it into a plan/review, review its research and choose what is included. This covers the scenario summary, replacement, comparisons and needs analysis, and what appears in the Advice Document and Advice Presentation.
Create a Plan/Review with Insurance Research
Use this when you've created a scenario from the client record and want to start a plan from it.
Go to Plans and click Create Plan/Review.
On Plan Detail, select the Client, enter a Scenario Name, and select the Advice Document Type and Advice Document Date. Click Next.
On Entities, select who the advice is for (client, partner or Joint) and whether to include related entities. Click Next.
On Planning Tools, tick Personal Insurance and select Insurance Research as the source. Click Next.
When Your plan has been setup! shows, click View Plan.
The client's Insurance Research scenario shows on the Research chevron, Insurance tab, ticked to include in the plan.
Include or Remove a Scenario
The Insurance Research table lists every scenario for the plan, with its Source, Created and Last Modified details.
Tick Include in Plan beside a scenario to include it in the plan.
Untick Include in Plan to remove it from the plan and presentation.
Tip: You can keep several scenarios on a plan (for example, an earlier review) and include only the ones you need.
Scenario Menu Options
Click the vertical ellipsis (⋮) beside a scenario to see:
Option | What it does |
Edit | Opens the scenario to continue working in it |
Copy | Creates a copy of the scenario |
Delete | Deletes the scenario |
View Scenario | Shows a summary of every policy and its status |
View Replacement | Shows the replacement of product information |
View Like for Like | Shows the like-for-like comparison |
View Alternatives | Shows the alternative comparison |
View Reports | Lists reports saved for the scenario |
View Needs Analysis | Shows the needs analysis, with document and presentation options |
Tip: The same menu is available from the client record (Clients > client > Research tab > Insurance), where you can also Rename a scenario.
View Scenario
Click ⋮ beside the scenario and select View Scenario.
Each policy is listed with its Insurer, Premium p.a., Frequency and Status (for example, Recommend, Alternative, Like For Like or Hold).
Click + beside a policy to expand it and see each cover's definition, owner, life insured and benefit amount.
Click ⋮ at the top right to view Replacement Advice, Rec vs Like for Like or Rec vs Alternatives.
Click the back arrow to return to the scenario list.
View Replacement of Product
Click ⋮ beside the scenario and select View Replacement.
Insurance Replacement of Product compares the existing policy with its replacement. It shows life insured, policy owner, benefit amounts, premium costs, policy fees and benefit details such as definition, waiting period and benefit period.
Click Close.
Note: If no existing cover was set to Replace, This scenario has no replacement information is shown. See Plan Authoring: Insurance Research – Recommendations.
View Like for Like
Click ⋮ beside the scenario and select View Like for Like.
Like for like comparison shows the recommended product and the like-for-like products side by side for each client, including underwriter, life insured, policy owner, benefit amounts, premium type and premiums.
Click Close.
View Alternatives
Click ⋮ beside the scenario and select View Alternatives.
Alternative comparison shows the recommended and alternative products side by side for each client, including underwriter, life insured, policy owner, benefit amounts, premium type and premiums.
Click Close.
View Reports
Click ⋮ beside the scenario and select View Reports.
The Document Vault opens. Saved Reports lists the feature comparison reports saved for the scenario, with a tab for each life insured. Product Documents (PDS / TMD) lists the PDS and TMD for each product.
Click ⋮ beside a document to view or download it.
Note: This is the same Document Vault you open inside the scenario with ⋮ > Scenario reports.
Tip: Download reports and attach them to the Supporting Documents section.
View Needs Analysis (and Include in Document/Presentation)
Click ⋮ beside the scenario and select View Needs Analysis.
Select the client or partner tab.
Tick or untick Include Table in Document and/or Include Table in Presentation.
Tick Add Commentary to add commentary on the needs analysis.
Click Download as CSV to export the table, if needed.
Click Save.
Tip: You can create Quick Text templates for commonly used commentary, either for personal use or for everyone in the practice.