Set Up Insurance Claim Products

Define the insurance claim products that you sell to customers, including their classifications, categories, and attributes. Define rules that determine how your insurance claims are processed.

• Insurance Claim Products
  Set up Insurance Claim products to manage different types of insurance claims, including those related to property damage or personal injury. This framework ensures efficient management of specific cases, such as auto and medical insurance claims. The framework benefits administrators by standardizing processes while accommodating diverse needs.
• Create a Claims Product Catalog
  Define your product offerings in Product Catalog Management with product catalogs. Catalogs enable efficient organization and management of all the products your business sells. You must create at least one product catalog.
• Create Catalog Categories and Subcategories
  Organize and group products in your catalog by creating catalog categories and catalog subcategories. Assign products to more than one catalog category and subcategory.
• Create Claim Product Classifications
  A product classification is a template that you use to create products with similar characteristics. Product classifications are the primary tool for assigning attributes to products.
• Create Claim Product Specifications
  With Product Catalog Management, you can define a specification type for the products that are unique to your industry. A product specification type is associated with a product specification record type.
• Create Bundled Products
  Bundled products are a group of products that are sold together as one unit.
• Add Components to a Configurable Product Bundle
  You can add multiple groups, multiple product components, or one product classification component under a product group in configurable bundles.
• Create Product Attributes
  Create attributes to capture the characteristics or properties of products. You can define details such as attribute name, label, data type while creating an attribute.
• Assign Attributes to a Product Classification
  After you create a Product Classification, assign attributes to it. You can assign individual attributes to a product classification or a collection of attributes through attribute categories.
• Assign Products to Catalog Categories
  Organize products by assigning them to catalog categories and subcategories. You must create your product records first before assigning products to catalogs or categories.