Policy Number
The Policy Number is the primary identifier for a policy in Commission Tracker. It can consist of up to 25 alphanumeric characters. All terms of the policy share the same policy number throughout the life of the policy.
💡 Why Use This
The Policy Number is a required field when creating any policy. It is used to:
- Identify the policy — Links payments and records to the correct policy across all terms.
- Match imported payments — During the Import Carrier Statement process, the policy number must exactly match the data provided by the carrier.
- Enable searching — Policy numbers are used to locate records in the Policy List and during reconciliation.
Important Considerations
- Consistency — The number should remain the same throughout the life of the policy across all renewals.
- Exact Matching — For automated importing and reconciliation, the policy number must exactly match the data provided by the carrier, including symbols and leading zeros.
Tips
- Standardize Entry — Be consistent with symbols and leading zeros to ensure accurate searching and import matching.
- Check for Duplicates — See the Duplicate Policy Numbers guide for details on managing multiple policies with the same identifier.
🔗 Related Topics
- Policy Information Section — Overview of all policy fields.
- Duplicate Policy Numbers — Managing policies that share the same policy number.
- Import Carrier Statements (Excel Statements) — How policy numbers are matched during imports.
Need help? Contact support@commission-tracker.com