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Configure Rolling or Lifetime Policy Limits and Deductibles
Track policies that cap a benefit over a rolling time period. For example, set a limit of two cleanings every 12 months for dental coverage.
You can use rolling 12-month limits and deductibles out of the box, and configure additional rolling time periods for any number of days or months. The amount that accumulates toward a limit or deductible on a current policy rolls over into the limit or deductible on a new policy version.
For each rolling time period:
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Create an Insurance Term Configuration record in Custom Metadata Types.
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Add the record value to the Vlocity Attribute object's Duration Type picklist.
- From Setup, in the Quick Find box, enter Custom Metadata Types, and then select Custom Metadata Types.
- Find Insurance Term Configuration, then click Manage Records next to it.
- Click New.
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Enter details about the rolling time period.
Label
A description of the rolling time period, for example Rolling 24 Month or Rolling 36 Month.
Insurance Term Configuration Name
API name. You can accept the default value or edit it. Use this value when you add the rolling time period to the Vlocity Attribute object's Duration Type picklist.
Duration Unit of Measure
How to measure the time period, in days or months.
Duration Value
The number of days or months in the time period.
Type
Rolling.
- In the Quick Find box, enter Object Manager, and then select Object Manager. Then find and select Vlocity Attribute.
- Click Fields & Relationships, then find and select Duration Type.
- Scroll to the field values and click New.
- For the picklist value, enter the API name of the rolling time period record. Make sure this value matches the record's Insurance Term Configuration Name exactly, not the Label.
