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Insurance Management

by
Odoo
v 19.0 Third Party 5246
Download for v 19.0 Deploy on Odoo.sh
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Invoicing (account)
• Discuss (mail)
Lines of code 828
Technical Name insurance_management_cybro
LicenseAGPL-3
Websitehttps://www.cybrosys.com
Versions 10.0 11.0 12.0 13.0 14.0 15.0 16.0 17.0 18.0 19.0
You bought this module and need support? Click here!
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Invoicing (account)
• Discuss (mail)
Lines of code 828
Technical Name insurance_management_cybro
LicenseAGPL-3
Websitehttps://www.cybrosys.com
Versions 10.0 11.0 12.0 13.0 14.0 15.0 16.0 17.0 18.0 19.0
Supports:
Community
Enterprise
Availability:
Odoo Online
Odoo.sh
On Premise

Insurance Management

The module enables users to create insurance policies, manage insurance claims, and handle agent salaries, with or without commissions.

Teams +91 9074270811

Key Highlights

Create insurance policies for customers

Insurance can be created under these policies.

Manage insurance claims and details.

We can manage the insurance claims and the salary of agents with or without the commission.

Create accounting entries

Approval Invoices/ Bills can be created for insurance, claims and the salary/commission of agents.

View And ManageCustomers.

Go to Configuration > Customers to view and manage customer details.

Policy Types Configuration.

Go to Configuration > Policy Types to access and define different types of insurance policies.

Payment Type Configuration.

Navigate to Configuration > Payment Type to manage various types of payment types used in the system.

Policy Management Configuration.

Navigate to Configuration → Policy to create a new policy by specifying the Policy Type, and Policy amount.

Agent Management.

Navigate to Agent → Agent, create a new agent and enter the details. Select the Salary type as Fixed, Commission or Both (Salary + Commission), Specify the Base Salary, Last Payment Date (date on the last payment), and Related user responsible for salary payment.

The Salary Payment Button will be enabled after selecting the Related User.

1. Fixed Salary will be the Basic Salary.

2. Commission: Salary will be based on the commission earned for each insurance created.

3. Both: Salary will include the Basic Salary + Commission earned for each insurance created.

Manage Insurance With Payment Type As Fixed.

Insurance Management → Insurance:

Create insurance to customers based on a policy. Add the agent and the commission of agent in percentage, payment type(fixed), duration in months.

The insurance can be confirmed after adding all required details. Invoice can be created for the insurance in single invoice.

Create Invoices And Confirm.

Insurance Management → Insurance: The insurance can be confirmed after adding all required details. Invoice can be created for the insurance and confirm insurances and register the payment

Register Payment And Post Invoice.

Payment Completed And Confirmed Insurance.

Now the invoice has paid, and status is posted and state is confirmed state and the sequence is also created

Insurance Details.

The insurance details created by the agent can be viewed under the 'Insurance Details' tab in the Agent form.

Salary Payment.

Clicking on 'Salary Payment' generates a draft bill for the last payment.

Salary Payment By CreatingBill.

Clicking on the draft bill allows payment of agent's basic salary, as the payment type is fixed for each insurance calculated with Insurance Management.

Confirm And Salary Payment Completed.

Upon Confirming the bill and registering the payment, the bill reference becomes visible.

Manage Insurance With Payment Type As Installment.

Insurance Management → Insurance: Create insurance to customers based on a policy. Add the agent and payment type as Installment, duration in the past months. The insurance can be confirmed after adding all required details. Invoice can be created for the insurance in multiple invoices.
Installment amount is calculated from Total policy amount divided by the duration in the past months.Amount remaining calculated from Amount and invoiced total amount.Confirm the Insurance.

Confirm And Create Invoice.

Confirming insurance created and create invoice, after clicking on invoice and confirm and post-invoice, create invoice button is again visible to pay the insurance through installments and the remaining amount is also calculated

Invoices Of Payment Type As Installment.

Salary Type As Commission.

Create an agent with salary type as Commission.

Create Insurance For Salary Payment As Commission.

Create an insurance with an agent with salary type as commission, confirm it and post the invoice.

Salary Payment For The Agent.

Go to Employee Management, select the agent and click on salary payment; a draft bill is created

Salary Payment As Commission Only.

Click on a created draft bill and commission as commission rate of insurance is calculated as salary, confirm it as pay it

Salary Payment As Both.

Create an agent and salary type as both

Insurance Management:Create Insurance.

Create an insurance and specify the commission rate as salary is a sum of basic salary and commission from insurances.

Salary Payment For Salary Type Both.

Go to Employee Management and make salary payment, create a draft bill and clicking on that we can see,both basic salary and commission rate of insurance has been summed to the salary

Manage Claims And Create Insurance To Customers Based On A policy.

Insurance Management → Claims: Create insurance to customers based on a policy. Add the agent and the commission of agent in percentage. The insurance can be confirmed after adding all required details. Invoice can be created for the insurance.

Our Features

01

Create insurance policies for customers.

02

Manage insurance claims and details.

03

Create accounting entries.

Frequently Asked Questions

Our PDC management module provides comprehensive tracking and automation for post-dated cheques. The system allows you to:

Key Features:
  • Automatic cheque maturity date tracking
  • Bank reconciliation integration
  • Customizable reminder notifications
  • Detailed reporting and analytics

The module seamlessly integrates with your existing accounting workflows and provides real-time visibility into your receivables pipeline.

Yes, our module is fully compatible with Odoo 19 Community Edition and provides seamless integration with all core functionalities.

Compatibility Details:
  • Odoo 19 Community Edition
  • Odoo 19 Enterprise Edition
  • Multi-company support
  • Multi-currency support

For the latest updates and design examples, please check our CodePen portfolio for more innovative solutions.

Our intelligent follow-up system automates customer communications and helps maintain healthy cash flow through systematic engagement.

Follow-up Features:
  • Automated reminder schedules
  • Customizable email templates
  • SMS integration capabilities
  • Activity tracking and reporting
  • Escalation workflows

The system intelligently prioritizes follow-ups based on amount, customer history, and payment patterns. Explore our latest design implementations for more advanced features.

Latest Releases

Latest Release 19.0.1.0.0
Add
3rd January, 2026
Initial Commit

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Our Services

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