---
schema_version: "1"
id: bc4fbf72e5fcb67ee9f0a1f0722c7f4029c2aa2bcd4589d836a01181e898b6f1
title: Manage Policy Lifecycle Better with Enhanced Versioning
collection: admin
version: current
locale: en-us
portal_url: https://docs.salesforce.com/admin/current/en-us/release-notes/260-0-0/rn_insurance_brokerage_policy_versioning.md
canonical_url: https://help.salesforce.com/s/articleView?id=release-notes.rn_insurance_brokerage_policy_versioning.htm&release=260&type=5
source_site: help.salesforce.com
content_type: documentation
content_hash: 4bb0a22c4a7ac041f67f378cf4b8c968919db1d4ca27f3dc22c276e7f5a258c8
description: Simplify policy issuance, renewals, endorsements, cancellations, and repurposing with built-in lifecycle actions and complete versioning. Reduce manual rework by automatically creating draft and issued versions for each policy change. Track mid-term changes through endorsements while preserving the full policy history. Help service teams work more efficiently with clear and system-managed policy states. Ensure consistent and reliable handling of policy changes across the entire policy term.
products:
  - Cross Cloud Packages Solutions
release: "260"
---
# Manage Policy Lifecycle Better with Enhanced Versioning

Simplify policy issuance, renewals, endorsements, cancellations, and repurposing with built-in lifecycle actions and complete versioning. Reduce manual rework by automatically creating draft and issued versions for each policy change. Track mid-term changes through endorsements while preserving the full policy history. Help service teams work more efficiently with clear and system-managed policy states. Ensure consistent and reliable handling of policy changes across the entire policy term.

**Where:** This change applies to Lightning Experience in Professional, Enterprise, and Unlimited editions where Insurance Brokerage SKU is enabled.

**How:** From the Insurance policy record page, find the relevant policy lifecycle management actions from the actions dropdown.

- Issue a policy to prorate and aggregate amounts and mark the policy as Issued to create the initial policy version.
- Start an endorsement to create a draft version for mid-term changes, and issue it to make the updated version active from the endorsement effective date.
- Cancel a policy to end coverage as of the specified date while keeping the policy history intact.

#### See Also

- [_Salesforce Help_: Trigger Policy Lifecycle Processes](https://help.salesforce.com/s/articleView?id=ind.ins_brokerage_billing_trigger_policy_lifecycle_processes.htm&type=5&language=en_US)