A financial is a cash flow, liability, insurance, or asset that is represented by a tile on the Asset-Map. The shape and color may vary depending on the type selected.
Add a Financial with the Sidebar Applets Visible
Click the plus icon at the top of the Sidebar applet list.
Choose the type of financial to create.
Fill in the fields with the red asterisk, which are required to produce the tile on the Asset-Map.
Though not needed to create the financial, enter other information on the Essentials, Details, and Notes page.
Click Create.
Add a Financial with the Sidebar Applets Hidden
Actions menu
Use the Actions menu when the Sidebar applets are hidden. Open the Actions menu by right-clicking on the map or clicking the colorize cross in the left-side navigation menu.
Choose the type of financial to create.
Fill in the fields with the red asterisk, which are required to produce the tile on the Asset-Map.
Though not needed to log the financial, enter other information on the Essentials, Details, and Notes page.
Click Create.
Financials page
Alternatively, navigate to the Financials page in the left-side navigation menu and add a Financial by clicking the desired type and filling in the information.
Required Fields - Essentials page
Insurance Type (drop list)
Insured Member
Reference Name
Insurance Carrier
Coverage Amount
Non-Required Fields: Essentials page
Covered Assets
Policy Owner
About Covered Assets
If an asset is selected under the Covered Asset(s) pick-list in a Property Casualty insurance instrument modal, the Property Casualty instrument will then appear attached and below the selected asset(s) on the Asset-Map of the Insured Member(s).
Edit Financial
On the Asset-Map
With Sidebar applets open, click the financial, expand/collapse each menu as desired, make corrections, and click Update to save your changes. Click the financial to bring the focus back to the map.
With Sidebar applets hidden, click the financial and review the tabs for corrections. Press Update when complete.
On the Financial page, click the pencil icon for the desired line item. Review the tabs for corrections. Press Update when complete.
P&C Financials Display Option
Use Toggle Visibility on the Actions menu to display property casualty instruments When unchecked, the P&C instruments will not be visible on the Asset-Map. Property and casualty instruments can still be added to a household when P&C visibility is disabled. They remain visible in the Financials view, and they are still visible on the Policy Summary.
P&C Policy Summary on Reports Page
Property and casualty insurance types are in their own section on the Policy Summary page and report. Advisors have the ability to dynamically include/exclude property casualty insurances by simply (de)selecting the associated check box from the page in order to quickly limit the information displayed for purposes of more focused discussions and reporting.
This same option has also been added to the existing Reports page, allowing advisors to easily include/exclude insurance types for both their ad hoc and comprehensive reporting needs.
Usage
State laws regarding P&C are varied. Therefore, there is no strict best practice of what to include on the P&C insurance financial other than to place something regarding property/casualty on the map for the sake of conversation about coverage. As far as the coverage value goes, consider what's best for the conversation regarding auto coverage, property protection, liability insurance, umbrella insurance, and business-related insurance. Use the description text fields creatively to convey intent and what the insurance dollar value is for. Finally, we suggest using the NOTES page to describe the policy in greater detail. Notes can be created as part of a comprehensive report or created as their own page.
Tags: Liability, homeowners, flood, replacement, property, coverage, loss, auto, personal, business, commercial, insured, umbrella
4/2025