2. Product Class

The first step in the workflow is to define various Product Classes. A Product Class describes the underlying investment philosophy of the Life and Endowment Product.

Note

Product Classes can be defined through the Fund Manager component only.

You can maintain details for a Product Class in the System Parameters screen. The next section gives you step-by-step instructions to do the same.

This chapter contains the following sections:

• Section 2.1, "Product Class"

2.1 Product Class

This section contains the following topics:

• Section 2.1.1, "Maintaining Product Class"

2.1.1 Maintaining Product Class

The following are the steps you need to follow to define a Product Class. Each of these steps is explained in detail in subsequent sections.

• Invoke the System Parameter Codes Maintenance screen.
• Choose a language in the System Parameter Codes Maintenance screen.
• Define a Product Class in the System Params Value Maintenance screen. The Parameter Code is PRODUCTCLASS.
• Save the information entered.

Refer to the chapter “Maintaining System Parameters” in Volume 1 of the Fund Manager User Manual for further information.