Defining a Binder Payment Business Rule

To define a binder payment business rule, you should have:

  • Business rule type defined in the application

  • Binder payment business rule category defined in the application

  • Values defined for the BUS_​RULE_​CAT_​FLG lookup field

  • Status defined for the binder payment business rule in the application

Procedure

To define a binder payment business rule:

  1. Click the Admin link in the Application toolbar.
    A list appears.
  2. From the Admin menu, select B and then click Business Rule.
    A sub-menu appears.
  3. Click the Add option from the Business Rule sub-menu.

    The Select Business Category screen appears. It contains the following field:

    Field Name Field Description Mandatory (Yes or No)
    Business Rule Category Used to indicate the business rule category using which you want to create a business rule. The valid values are:

    • Binder Payment Business Rule

    • Fully-Insured Pricing Business Rule

    • New Born Business Rule

    • Rate Guarantee Business Rule

    		 Yes
    Note: Alternatively, you can access the Business Rule Category screen by clicking the Add button in the Page Title area of the Business Rule screen.
  4. Select the Binder Payment Business Rule option from the Business Rule Category list.
  5. Click OK.
    The Binder Payment Business Rule screen appears. It contains the following fields:
    Field Name Field Description Mandatory (Yes or No)
    Criteria Description Used to indicate the business criteria for the binder payment business rule.
    Note: The Search (The Search Icon) icon appears corresponding to the Criteria Description field. On clicking the Search icon, the Business Rule Criteria Search window appears.
    		 Yes
    Effective Date Used to specify the date from when the binder payment business rule is effective. Yes
    Status Used to indicate the status of the binder payment business rule. The valid values are:

    • Active

    • Inactive

    Note:

    It is a read-only field.

    By default, the Active option is selected.

    		 Not applicable
    Binder Payment Applicability Used to indicate that you want the system to monitor whether the binder payment is received or not before activating the individual membership. No
    Threshold Percentage Used to specify the threshold percentage using which the threshold amount should be calculated.
    Note: This field is enabled only when the Binder Payment Applicability check box is selected.
    		 No
    Grace Days Used to calculate the grace date for the individual membership.
    Note:

    The grace days cannot be less than or equal to zero.

    This field is enabled only when the Binder Payment Applicability check box is selected.

    		 Yes (Conditional)
    Note: This field is required if the Binder Payment Applicability check box is selected.
    Hold Billing Used to indicate whether you want to hold the bill generation process for the individual membership until the binder payment is received.
    Note: This field is enabled only when the Binder Payment Applicability check box is selected.
    		 No
  6. Enter the required details in the Binder Payment Business Rule screen.
  7. If you want to define more than one binder payment business rule, click the Add (The Add Icon) icon and then repeat step 6.
    Note: However, if you want to remove a binder payment business rule, click the Delete (The Delete Icon) icon corresponding to the Criteria Description field.
  8. Click Save.
    The binder payment business rule is defined.

Related Topics

For more information on... See...
Business Rule screen Business Rule (Used for Searching)