A product is a specific offering within a product line and product type.
For example:
Allianz 222
American Equity IncomeShield
Adding a Product
From the left-side main menu, click the Settings tab > Advanced Setup
Select the Product section > click Products
From the Product page > click +New
Complete the New Product form
Product Offering Type
Name
Description
Institution
Default Statement Frequency
None
Monthly
Quarterly
Biannually
Annually
Expire duration optional
Click Save.
Editing a Product
From the left-side main menu, click the Settings tab > Advanced Setup
Select the Product section > click Products
From the Product page > click or search for selected Product.
From the 3 dot action menu, select Edit or click the product name and then select Edit.
Complete the Edit Product form
Product Offering Type
Name
Description
Institution
Default Statement Frequency
None
Monthly
Quarterly
Biannually
Annually
Expire duration optional
Click Save.
Manage Values
Values represent what policy and account values are stored for a given product configured in Swivel. See also Values & Transactions.
Creating Value Names
Creating values for a specific product will allow users to store specific value data for any policy or account belonging to that respective product.
From the product offering detail page, go to the Associated Values section > click Manage Values.
To create a new value, click the +Add Value button > Type text in the Name field. Repeat this step as needed.
Click Save.
Editing Value Names
From the product offering detail page, go to the Associated Values section > click Manage Values.
Find the value you want to update and click the Name field to edit. Repeat this step as needed.
Click Save.
Deleting Value Names
Warning: Deleting values for a given product will delete any and all previously stored value entry logs (or amounts) stored on any policy and account with that respective product. This action cannot be undone. Please use with caution.
From the product offering detail page, go to the Associated Values section > click Manage Values.
Find the value you want to delete > click the delete icon.
Delete Value pop-up appears. Confirm you want to delete all value entry logs associated to this value before proceeding.
Click Delete Value.
Repeat steps 3 and 4 as needed.
Click Close.
Merge Products
Warning: Merging products cannot be undone. Please use with caution.
Select the Product section > click Products.
From the Products page click
Complete the Merge Product Offerings form
Merge From
Merge to
Remove original Product Offering after merge Recommended
Click Merge.
How are accounts and policies impacted after a product merge?
All accounts and policies using the old product will now use the new (target) product name and its details.
All product values and their data will be linked to the new product name.
If a product value doesn’t already exist under the new product, it will be created automatically so that no data is lost.
Example
A user wants to merge the following product to another product name.
Original | Target |
Flexible Premium Deferred Annuity - NA Performance Choice Plus 8 | NA Performance Choice Plus 8 |
The Merge Product Offerings form is completed as the following:
Here is a policy BEFORE the merge:
Here is the same policy AFTER the merge:
