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          Data Model Updates for Insurance FSC Spring '21

          Data Model Updates for Insurance FSC Spring '21

          These are the data model updates for this release.

          New Data Model Objects

          We added these objects to the data model for this release:

          New Object

          Description

          Insurance Policy Surcharge

          This object represents the charges calculated for an insurance policy and its related assets, coverages, and participants in a region.

          This object includes the following fields:

          • Adjustment Type: Type of associated product tax and fee.

          • Refundable: Indicates if tax or fee is refundable.

          • Tax/Fee Id: Product tax and fee used to calculate the amount.

          • Tax/Fee Name: Name of product tax and fee used to calculate the amount.

          Enhanced Data Model Objects

          We added fields and made other enhancements to the following objects for this release:

          Enhanced Object

          Description

          Insurance Policy Payment Schedule Entry

          This object represents scheduled payments including premiums, taxes, and fees for a policy record across the term of the policy.

          This object includes the following field:

          • Insurance Policy Transaction: Insurance policy transaction associated with the payment schedule entry.

          Insurance Policy Revenue Schedule Entry

          This object represents calculated earned revenue from insurance premiums or other revenue sources.

          This object includes the following field:

          • Insurance Policy Transaction: Insurance policy transaction associated with the revenue schedule entry.

          Insurance Policy

          This object includes the following field:

          • Plan: Identifies the plan in which the employee is enrolled.

           
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