Defining a Rate Guarantee Business Rule

Prerequisites

To define a rate guarantee business rule, you should have:

Required business rule criteria defined in the application

Procedure

To define a rate guarantee business rule:

Click the Menu () icon in the Application toolbar.
A list appears.
Click the Admin Menu option from the list.
A sub menu appears.

Select B and then click the Add button corresponding to the Business Rule option from the sub menu.

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

Field Name	Field Description	Mandatory (Yes or No)
Business Rule Category	Used to indicate the category for which you want to create a business rule. The valid values are: Binder Payment Business Rule Delinquency Event Attributes Business Rule Delinquency Grace Period Business Rule Delinquency Miscellaneous Options Business Rule Delinquency Process Type Derivation Business Rule Delinquency Termination Date Rule Business Rule Fully-Insured Pricing Business Rule Member Adoption Business Rule New Born Business Rule Rate Guarantee Business Rule Refund Write-Off Business Rule Note: The list includes only those values which are defined in the BUS_RULE_CAT_FLG lookup field. You must select the Rate Guarantee Business Rule option from the list while creating a rate guarantee business rule.	Yes

Note: Alternatively, you can access the Rate Guarantee Business Rule screen by clicking the Add button in the Page Title area of the Business Rule screen.

Select the Rate Guarantee Business Rule option from the Business Rule Category list.

Click OK.

The Rate Guarantee Business Rule screen appears. It contains the following fields:

Field Name	Field Description	Mandatory (Yes or No)
Criteria Description	Used to indicate the criteria for the rate guarantee business rule. Note: The Search () 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 business rule is effective. Note: You can either manually specify the date or select it using the Date Picker () icon corresponding to the field.	Yes
Status	Indicates the status of the business rule. Note: This field is disabled. By default, the status is set to Active.	Not applicable
Rate Guarantee Applicability	Used to indicate whether the rate guarantee is available for the individual membership.	No
Rate Guarantee Period	Used to specify the rate guarantee period for the individual membership. Note: This field is disabled. It is enabled when the Rate Guarantee Applicability option is selected. The value for this field must be a positive integer.	Yes (Conditional) Note: This field is required if the Rate Guarantee Applicability option is selected.

Enter the required details in the Rate Guarantee Business Rule screen.
If you want to define more than one rate guarantee business rule, click the Add () icon and then repeat step 6.

Note: However, if you want to remove a rate guarantee business rule, click the Delete () icon corresponding to the Criteria Description field.
Click Save.
The rate guarantee business rule is defined.