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Specify Rating Procedure on Root Product Specs
To get the correct pricing for each insurance product, assign a rating procedure to each root product spec.
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Go to the root 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.
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Enter a Rating Procedure Type.
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Expression Set
Expression sets are the calculation engine of business rules.
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Calculation Procedure
Calculation procedures are part of the Industries packages.
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Integration Procedure
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Enter a Rating Procedure Name.
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For expression sets, enter the expression set name.
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For calculation procedures, enter the calculation procedure name.
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For Integration Procedures, enter the Type_Subtype of the Integration Procedure.
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- Click Save.
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