Specify Rating Procedure on Child Product Specs

To use unique pricing for insured items and insured parties within a root product's hierarchy, assign a rating procedure to a child product spec.

1. Go to the child Product spec page, click the Details tab, and then click Edit.

   If you don't see an Edit button, find it in the Actions menu.

2. Enter a Rating Procedure Type.

   • Expression Set

     Expression sets are the calculation engine of business rules.

   • Calculation Procedure

     Calculation procedures are part of the Industries packages.

   • Integration Procedure

3. Enter a Rating Procedure Name.

   • For expression sets, enter the expression set name.

   • For calculation procedures, enter the calculation procedure name.

   • For Integration Procedures, enter the Type_Subtype of the Integration Procedure.

4. Click Save.