1 Product Class

This topic provides information on 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.

Maintain 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.

1. Start the System Parameter Codes Maintenance screen.
2. Choose a language in the System Parameter Codes Maintenance screen.
3. Define a Product Class in the System Params Value Maintenance screen. The Parameter Code is PRODUCTCLASS.
4. Save the information entered.

Refer to the topic Maintain System Parameters of the Fund Manager User Manual for further information.