Renew Multi-Root Policy

Renew a multi-root policy to create a new policy term for the parent policy and all associated child policies. The parent–child policy structure is preserved in the renewed term.

Make sure you have these details before renewing a multi-root policy:

The Policy ID of the active parent insurance policy to be renewed.
The Pricebook ID required to generate the renewal quote.

Get Policy Context—Retrieve the policy context by using the policy ID through one of the following methods:
- Make a GET request to the Insurance Policy Details Connect API.
- Use the Get Insurance Policy invocable action.
Returns the context required to generate the renewal quote.
Create Renewal Quote—Use the policy context to create the renewal quote by using one of the following methods:
- Make a POST request to the CreateUpdateQuote Connect API.
- Use the Create Insurance Quote invocable action and specify the contextId and pricebookId.
Creates a renewal quote associated with the active policy.
Modify Renewal Quote (Optional)—Configure changes to the renewal terms by making a PATCH request to the CreateUpdateQuote Connect API with the desired updates.

For multi-root policies, ensure pricing is recalculated across all root products to accurately compute aggregate totals and prorated term premiums.
Note
Renew Multi-Root Policy—Use the updated context to renew the policy by using one of the following methods:
- Make a POST request to the Multi-Root Policy Renewal Connect API.
- Use the Renew Multi-Root Policy invocable action.

Returns an Async Request ID in the response to track the job status.
Creates a new parent policy record and corresponding child policy records for the new term.
Creates a corresponding transaction record for each child policy. In addition, creates a parent policy transaction that represents the rolled-up premium from all associated child policy transactions.
Consolidates financial details at the parent policy level.