This article will detail how to process an insurance payment received from an insurance provider for a member.

Navigate to Fund Level > Transactions > Member Income > Member Insurance Proceeds

1. Select Member Account using the drop-down
2. Enter Payment Date, being the date the insurance proceeds were received (Date format DD/MM/YYYY)
3. Enter Insurance Proceeds Amount, being the dollar figure received
4. Enter Description (Default is "Member Insurance Proceeds")
5. Click Submit
   
   

What's Next?

Learn how to process a Rollover/Lump Sum Out