How to Create a Premium-increasing Endorsement in Ascend
Jack Brown
21 steps
2 minutes
Useascend
1
Navigate to dashboard.useascend.com
2
Select the program that you're endorsing
3
Click "Actions"
4
Click "Endorse"
5
Click "increase premium".
6
Select the relevant quote that you're endorsing (only relevant if the program has more than one quote attached)
7
Click the "Endorsement number" field.
8
Type the endorsement number (or count up from 1 if one wasn't provided by the carrier)
9
Click the "Premium difference" field.
10
Type in the difference in gross premium (ie how much more the insured has to pay)
If you only have an estimate, use that and your accounting team can update the correct amount once you receive an invoice
11
Add any relevant additional fees and taxes
12
Add in the minimum earned rate
13
Click the "Agency commission\*" field and confirm the pre-filled value is correct
14
Upload the endorsement quote/binder/invoice
15
Click the toggle if you want to show the document to the insured
16
Add the reason for endorsement (this is shown to the insured at checkout)
17
Click "Review" and ensure all details added are correct
18
Click "Create endorsement"
19
Click "Send email..."
20
Click "Email link"
21
And that's it! If you want to see how to create a premium-reducing endorsement, see here:
How to Create a Premium-increasing Endorsement in Ascend
Jack Brown
21 steps
2 minutes
Useascend
1
Navigate to dashboard.useascend.com
2
Select the program that you're endorsing
3
Click "Actions"
4
Click "Endorse"
5
Click "increase premium".
6
Select the relevant quote that you're endorsing (only relevant if the program has more than one quote attached)
7
Click the "Endorsement number" field.
8
Type the endorsement number (or count up from 1 if one wasn't provided by the carrier)
9
Click the "Premium difference" field.
10
Type in the difference in gross premium (ie how much more the insured has to pay)
If you only have an estimate, use that and your accounting team can update the correct amount once you receive an invoice
11
Add any relevant additional fees and taxes
12
Add in the minimum earned rate
13
Click the "Agency commission\*" field and confirm the pre-filled value is correct
14
Upload the endorsement quote/binder/invoice
15
Click the toggle if you want to show the document to the insured
16
Add the reason for endorsement (this is shown to the insured at checkout)
17
Click "Review" and ensure all details added are correct
18
Click "Create endorsement"
19
Click "Send email..."
20
Click "Email link"
21
And that's it! If you want to see how to create a premium-reducing endorsement, see here:
