--- title: Carrier Overview - Basics description: This is an overview of how to manually create and update required Carrier information. --- [Skip to content](https://help.techf.com/migration/knowledge/how-to-add-a-carrier#main-content) English Show submenu for translations [Submit A Support Ticket](https://help.techf.com/migration/knowledge/kb-tickets/new?hsLang=en) ![RGB\_Techficient-HorizontalLockup.png\]](https://help.techf.com/hs-fs/hubfs/RGB_Techficient-HorizontalLockup.png?height=24&name=RGB_Techficient-HorizontalLockup.png) - [Default HubSpot Blog](https://7046030.hs-sites.com/blog) Open main navigation Close main navigation - [Default HubSpot Blog](https://7046030.hs-sites.com/blog) - English Show submenu for translations - [Submit A Support Ticket](https://help.techf.com/migration/knowledge/kb-tickets/new) - techf.com techf.com What can we help you with today? - There are no suggestions because the search field is empty. 1. [Knowledge Base](https://help.techf.com/migration/knowledge?hsLang=en) 2. [Core](https://help.techf.com/migration/knowledge/core?hsLang=en) 3. [Carriers](https://help.techf.com/migration/knowledge/core?hsLang=en#carriers) # Carrier Overview - Basics ## This is an overview of how to manually create and update required Carrier information. ### Core Carriers Core comes preloaded with a list of common carriers, which you can view [here](https://help.techf.com/knowledge/core-carriers?hsLang=en).  Carriers act as the master record for all products with these important details: - Payment Modes - Premium Components - Underwriting Classes - Occupation Classes #### How to Create a New Carrier Core provides a simple two-step wizard that guides you through creating a Carrier record. - Add the carrier name - Create an Alias.  - The alias should be unique, concise, and clearly represent the carrier to avoid confusion. - Typically, an alias consists of three to four characters. #### How to Update the Carrier Record You will need to add the following components to the carrier record: - Payment Modes - Premium Components - Underwriting Classes - Occupation Classes - Each tab within the carrier record—**Payment Modes**, **Premium Components**, **Underwriting Classes**, and **Occupation Classes**—functions similarly to an Excel spreadsheet. To add additional rows,  right-click within the tab and select the option to insert a new row(s). - The system provides a dropdown menu with generic components. You must manually add the carrier-specific (Insco) name. - These components must be added to the Carrier record before creating a product. #### Updating the Communication Info Tab The Communication Info tab is useful for: - Store All Carrier Contacts on One Page: Maintain a comprehensive list of carrier contacts for easy access. - Alternatively**,** you can use the **Employees** tab to manage and maintain carrier contacts. This option allows for organized tracking of individual contacts associated with each carrier. ### Important Terms **Carrier Alias:** This is a shortened, easily recognizable abbreviation assigned to a carrier for simple identification and reference. **Insco:** Core terminology for Insurance Carrier. **NAIC:** This is aunique identifier assigned to insurance companies by the National Association of Insurance Commissioners (NAIC).  **Occupation Classes:** Classify policyholders based on the risk level associated with their occupation. These classes can influence underwriting decisions and premium rates. Common occupation classes include: - **Class 1:** Low-risk occupations (e.g., office jobs, administrative roles). - **Class 2:** Moderate-risk occupations (e.g., skilled labor, certain technical roles). - **Class 3:** High-risk occupations (e.g., construction workers, firefighters). This classification helps carriers assess the risk level of insuring individuals in various professions. **Payment Modes:** This refers to the different methods or frequencies by which premiums are paid to the insurance carrier. Common payment modes include: - **Annual:** The premium is paid once a year (*Factor: 1.0*) - **Semi-Annual:** The premium is paid twice a year (*Factor: 0.5*) - **Quarterly:** The premium is paid four times a year (*Factor: 0.25*) - **Monthly:** The premium is paid every month. These modes provide flexibility for policyholders to choose how and when they make payments (*Factor: 0.0875*) **Premium Components:** This refers to the different parts that make up the total premium charged for an insurance policy. They can include: - **Basic and Target Premium:** The core amount charged for the insurance coverage. - **Policy Fees:** Additional charges for administrative costs. - **Riders or Add-ons:** Optional benefits or coverages added to the base policy, which may require additional premiums. These components help in determining the total cost of the policy for the policyholder. **Underwriting Classes:** Categorize applicants based on risk factors that affect their insurability and premium rates. Common underwriting classes include: - **Preferred:** Individuals with the lowest risk and excellent health, leading to lower premiums. - **Standard:** Individuals with an average risk and good health, resulting in standard premiums. - **Substandard:** Individuals with higher risk due to factors like health issues, leading to higher premiums. These classes help carriers assess the risk associated with insuring a person and set appropriate premium rates.       - [Core](https://help.techf.com/migration/knowledge/core?hsLang=en#main-content) - [Intro to CORE](https://help.techf.com/migration/knowledge/core?hsLang=en#intro-to-core) - [Application](https://help.techf.com/migration/knowledge/core?hsLang=en#application) - [Agents](https://help.techf.com/migration/knowledge/core?hsLang=en#agents) - [Agencies](https://help.techf.com/migration/knowledge/core?hsLang=en#agencies) - [Carriers](https://help.techf.com/migration/knowledge/core?hsLang=en#carriers) - [Campaigns](https://help.techf.com/migration/knowledge/core?hsLang=en#campaigns) - [Default HubSpot Blog](https://7046030.hs-sites.com/blog) [![Chill listening crop-3](https://help.techf.com/hs-fs/hubfs/RGB_Techficient-HorizontalLockup.png?width=166&height=24&name=RGB_Techficient-HorizontalLockup.png "Chill listening crop-3")](https://techf.com) Copyright © 2026, Techficient