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          Product Attribute Scope Mapping

          Product Attribute Scope Mapping

          As a claim admin, you can configure a product with product attribute scopes. These scopes are used to enforce policy limits, such as deductibles, copays, limits, coinsurance, and out-of-pocket max on attributes associated with coverage and root products. These attributes have specific definitions that make sure that the claims management system enforces their policy limit requirements. To use a coverage or root attribute in claims with specific tracking to enforce a policy limit, create it as a record in the Product Attribute Scope entity and add it to either or both the root coverage and policy coverage overrridden attributes. Use the Product Attribute Scope to track the consumption of policy limits, such as deductibles, copays, coinsurance, and out-of-pocket maximums, through a claim for a policy.

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          Let's look at an example.

          Example
          Example If you set the coverage limit for collision of $10,000 per claim when a policy is sold, then the limit for collision coverage per claim can't exceed $10,000. When a policyholder files a claim for a collision, the product attribute scope defines the functional data, such as scope, category, duration type and so on necessary to enforce and track this limit. This makes sure that when you make payments to the claimant, they don't exceed the $10,000 limit set for collision coverage.
           
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