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Insurance Product

Insurance Product

Owned by Lango: Language and translation manager
Last updated: Sept 09, 2024Version comment
1 min read

On the Insurance Product Card, the user enters the product parameters.

Product overview: via the navigation bar or search through the magnifying glass.

The insurance product card has one tab, General.

Field:

  • Number (No.)

    • Insurance Product Labeling

  • Description (Description)

    • Insurance Product Description

  • Product Type (Product Base Type)

    • The user selects from the following options:

      • Property (Property)

      • Car Insurance (Liability)

      • Additional (Supplementary)

      • Other (Other)

  • Priority (Priorities)

    • The user selects the priority in which the product will be offered by the bidding system.

  • Enters APR (Included in APR)

    • The user determines whether the insurance enters into the Annual Percentage Rate (rate) of charge.

  • Related to financing (Related To Financing)

    • If the user does not check this box, the product will not be offered when insured on a financing contract.

  • Prohibited for Multiple Subject Contracts (Disable for Multiple Object Contracts)

    • If the user checks this box, the system will not allow you to select – i.e. Mark Selected on the list – in the insurance policy creation wizard when creating an insurance policy and such a product is set to "basic product". If you mark Selected, the error message "Product xxx cannot be used for multiple object contracts" will follow.

  • Mandatory Green Card Number (Mandatory Green Card No)

    • The user sets whether a green card number is mandatory for the product

  • Mandatory Product (Mandatory Product)

    • The user enters a check mark if he/she wants to notify the user in case he/she terminates the insurance of this mandatory insurance product in case he/she terminates the insurance of this mandatory insurance product in the mass termination of insurance contracts task.