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General, Inception Date

Use the “Inception date” to show when the policy first started, i.e. before any renewals. When dealing with a genuinely new policy you can use the “=” button to the right of  the “Inception date” field to copy the “On risk” date. The “Inception date” should be the basis for the policy’s current no claims discount (e.g. 5 yrs NCD), unless of course this has been affected by a claim.