Insurance Subtask
Use this subtask of the Subcontractor Payment Control subtask to view information regarding subcontractor insurance.
Contents
| Field | Description |
|---|---|
| Project | This field displays the project to which the insurance applies. The field on the right displays the project name. |
| Policy Type | This field displays the policy type for new vendor/project/insurance types. Valid settings include:
For existing vendor/project/insurance types, this field populates automatically. |
| Required for Payment | If selected, this checkbox indicates that an insurance coverage is required before payment is made to this subcontractor/project combination. Insurance coverage is required for any of this vendor's projects that fall under the selected project. |
| Required Start Date | If the Required for Payment checkbox is selected, this field displays the start date of the period when insurance is required. Any payments made before this date are processed as normal vendor payments. |
| Required End Date | If the Required for Payment checkbox is selected, this field displays the ending date of the period when the insurance is required. Any payments made after this date are processed as normal vendor payments. |
Insurance Information
This table window displays information about specific insurance policies held by subcontractors. The insurance information displays one row for each policy.
| Field | Description |
|---|---|
| Insurance Carrier | This field displays the insurance carrier ID. |
| Insurance Policy Number | This field displays the unique identifying number of the subcontractor's insurance policy. |
| Effective Date | This field displays the beginning date of coverage for this policy. |
| Expiration Date | This field displays the ending date of coverage for this policy. |
| Amount | This field displays the amount that the insurance policy covers. |
| Notes | This field displays notes about this insurance policy. |