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When creating a (new) policy 3 fields are automatically calculated: Start Date, Expiry Date and Value

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  • The user-defined Enrollment Date

  • The Product Administration Period

  • The Product Enrollment Grace Period

  • The Product Start Cycles (1,2,3,4)

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Rules:

If the product has an Administration Period, the period is systematically (blindly) added to the enrollment date provided by user (and the rest of the calculation is based on this new shifted enrollment date).

If the Product has no Start Cycle, the Start Date = the Enrollment Date + Grace Period (if there is one)

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Except the discount (which depends on enrollment date), these values only dependent on the family composition. If the Product has a Maximum Members, family members are ordered based on their creation (i.e. recording in system) date time and all members beyond the Maximum Members parameter are simply not taken into account in any calculation.

In other words, the order in which the user records the family members may change the policy value (for example, if he records all the children first, the ‘child contribution’ will be used, while the adults count will be capped).

(remaining) Family members are ‘classified’ (counted) in 4 categories:

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