Simple Insurance

Possibility to define codes and rates, so-called simple insurance, which will be used by the system (user) if the Use simple insurance=Y flag is enabled on the Financing Product Type.

When opened, e.g. via the Configuration Worksheet, the Simple Insurance overview opens.

Simple insurance

Field:

• Code

  • To be completed manually by the user

• Duration From (months)

  • The user enters the lower interval of the financing contract duration for the code

• Duration To (Incl.) (months)

  • The user enters the upper interval of the financing contract duration for the code

• Valid From

  • Specifies the user's valid from for the given code

• Valid To

  • Specifies the user's validity for the code.

Simple Insurance Rates

The price list is used to enter rates for simple insurance codes. Available via the Rates button from the Simple Insurance overview.

Field:

• Code

  • Completes the system automatically when created from the row from which the rate is created

• Insurance Rate

  • The user enters the insurance rate for the code

• Valid From

  • Specifies the user valid from for the given rate

• Valid To

  • Specifies the user's valid to for the given rate.