Workflow Templates: policy renewal checklist

Evaluate existing coverage and identify any gaps

Confirm any policy changes made in the past year

Check policy limits and deductibles

Assess if any endorsements need to be added or removed

Review claims history and adjust coverage as necessary

Notify client of upcoming policy renewal date

Discuss any changes in client’s circumstances

Provide a summary of current policy terms

Address any client questions or concerns

Offer recommendations for policy adjustments

Obtain renewal premium quote from current insurer

Gather competitive quotes from other providers

Analyze differences in coverage terms and pricing

Highlight benefits and drawbacks of each option

Prepare a detailed comparison for the client

Confirm client’s decision on policy renewal

Update and finalize policy documentation

Process payment for the renewed policy

Issue renewal confirmation to the client

Ensure all necessary endorsements are included

policy renewal checklist