Input Node

The Input node is not required. However if inputs are being used by other elements in the XML, the file may fail to be applied. Inputs are the specific data elements needed to initiate the rating process. Inputs are those values that cannot be derived by other means. Examples of inputs could include Effective Date, Policy Term, Coverage Limits, Year Built, Construction Type, Date of Birth, Postal Code, and so on.

Examples of values that could be derived from other means are:

• Expiration Date if the effective date and policy term are known.
• Policy Term if the effective date and expiration date are known.
• Age if the date of birth and either effective date or today’s date are known.
• Territory Code if a postal code is known.

Inputs and results are located under the categories where they are to be created. For example, if there is an expiration date as an input at the policy level, then the policy category would have the input - expiration date - located underneath it.