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Using a Matrix Lookup with Insurance Rules
You can use a matrix lookup when you create underwriting eligibility rules.
For example, your Watercraft Insurance product might not insure boats with specific hull types. You could create a calculation matrix with the different hull types and use a matrix lookup with your underwriting rule to determine if the hull type is allowed.
For an example of a completed eligibility rule using a Matrix Lookup, see the image below:
The Applicable Type would be Quote, the Transition
Name would be from Submit > Decline, and the
Action would be Decline Quote. The expression to look up a
matrix would use the following syntax: LookupMatrix('Matrix
Name', INPUT('Matrix Input Variable Name',
Input Data), 'Matrix Output Variable Name')
= 'Returned Value'
The expression for the underwriting rule when used would appear as follows:
LookupMatrix('HullTypeUnderwriting', INPUT('Watercraft Hull Type', WC.wcHullType), 'hullApproval') = 'Decline' If you have an Insurance Product that is only available in a specific state, you could use an eligibility rule to determine whether the applicant is in the relevant state before displaying the product. You can use matrix lookup function to look for the state based on the zip code. The eligibility rule in this instance would appear as follows:
EXIST(LookupMatrix('ZipcodeStateLookup',INPUT('zipcode', zipcode),'state'), 'CA') 
