Overview

The normal AnnuityNet wizard walks you through creating annuity accounts. In many cases, the purchase of an annuity is followed by subsequent payments of premiums, known as sub-pays. The AnnuityNet Subpay wizard allows you to process sub-pay transactions for existing annuities. The sub-pay business rules support sub-pay transaction availability, fund availability, and premium allocation availability by contract and issue by state.

Prerequisites

• Configured Starting Point

• A list of eligible vendors

• A list of client’s required proprietary forms

• Properly configured Request groups (to launch this process from the Quick Start)