Classic | Income Protection Policy and PHI Scheme Set-up

Classic | Income Protection Policy and PHI Scheme Set-up

About

Employer-owned insurance policies, such as an Income Protection Policy or Personal Health Insurance Scheme, where the company contributes on behalf of their employees, should be set-up as a Payroll Fund. The Income Protection Policy or PHI Scheme needs to be configured before the component for the specific Income Protection Policy or PHI Scheme can be created. Once the component has been added, it can be linked on the Employee Recurring Component Screen.

Please note: Click on any image in the article to enlarge.

NextGen or Classic

The Classic version is the name given to the previous look and feel of the system. Important to note, both NextGen and Classic point to the same database. No data migration is therefore applicable. 

This article covers Income Protection Policy and PHI Scheme Set-up for the Classic version of the system.

An Example of the Classic Landing Page


The article that explains the same for the new and improved NextGen version, is coming soon.

An Example of the NextGen Landing Page


Edition

This feature is available on Lite, Premier and Master.

Navigation: Company Menu>Administer Payroll Funds>Income Protection / PHI Screen

Overview




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