Page Comparison

Patrick draft for the formal sector structure:

• Use a generic name for
  • Insurance taker: actor taking the insurance (e.g. employer)
  • Insuree: Person who has a insurance policy on his name
  • Beneficiary: Person covered by an insurance policy (on it's name or not)
  • Contribution payer: the actor that pays the policies contribution/ premium
•  programmatic approach:
  • Insuree covered (e:g: employee) by an insurance taker are coming for an API (enter in APP/portal/ third party app)
  • policy are generated from the "insuree covered" on a recurrent basis (doesn't have to generate all policies every time, only the new/renew one), the contribution rate will help to define the "price" of the policy (parameter that should be used in the calculation defined on the insurance product level )
  • Policy Payment report per insurance taker

The source file for this drawing (Formal sector.drawio) can be read and edited on https://www.draw.io/.