1. User Guide
  2. Business Rules Administration
  3. Application Specific Rules
  4. Add-on Rate Rules
  5. Define the Breakage Charge Economic Loss Method
  6. Breakage Charges
  7. Breakage Charge – Fixed Amount

5.3.5.4.1.3 Breakage Charge – Fixed Amount

The Fixed Amount method allows users to directly input the amount of the Breakage Charge.

Figure 5-76 Add-On Rate Rule Details – Add-On Rate Method as Fixed Amount


Add-On Rate Rule Details – Add-On Rate Method as Fixed Amount

This method would be used in cases where the Cash Flows and the Economic Loss Method are not appropriate for determining the Breakage Cost.

The only input required for this method is the Breakage Charge Amount.