Line of Business

The application supports having multiple lines of businesses for the same insurance type. For example, health insurance supports small group, large group, individual, medicaid, medicare, medicare advantage, and so on. A line of business specifies a configurable insurance line. A line of business has the following fields:

Table 1. Line of Business
Field Description

Code

The unique code for this line of business

Description

The description for this line of business

Insurable Entity Type

An insurable entity specifies the type of object or person to be insured. A configurable object can be a car, a boat, a house, and so on. An insurable entity has the following fields:

Table 2. Insurable Entity Types
Field Description

Code

The unique code for the insurable entity type

Plural Display Name

The display name in plural

Singular Display Name

The display name in singular

Usage Name

The insurable entity will be identified by the specified name as 'resource' in the system, for example, in the dynamic logic, insurable Object IP

Resource Name

The resource name of the insurable entity type

The usage name must have letters, numbers, underscore, and begin with a letter. For example, spaces and special characters like * are not allowed in the usage name.

It is recommended to have the code, usage name and resource name of an insurable entity similar across applications.

Insurable Entity

An insurable entity type is either an insurable person or insurable objects. An insurable entity has the following fields:

Table 3. Insurable Entity
Field Description

Code

The code of the insurable entity

Description

The description of the insurable entity

Entity Date

The entity date that indicates a start date for a dynamic logic

Policy Gid

The global unique identifier of the policy

Insurable Person

An insurable person stores the details of a person to be insured. This entity includes information like addresses, titles, formatted names, and so on. An insurable person is uniquely identified by its relation code. Refer Relations for more details on Person.

Insurable Objects

An insurable object stores the information about the object to be insured. The application supports the use of up to ten different insurable objects. Each insurable object is unique to its insurable entity type. This means that a boat and a car could use the same code but still be identified separately.

Each of the ten insurable object types can be extended using dynamic fields or records. This means that the insured objects of type boat can have different fields than insured objects of type car.

Supported Insurable Entity Types

A supported insurable entity types is a list of insurable entities available to a specific insurance type. For example, only a person is insured by the health insurance. Alternatively, both a person and a car are insured in car insurance.

Insurance Type

An insurance type is an entity that determines the type of insurance coverage offered by an insurer. For example, health, life, car, rental, and so on. Following are the fields for insurance types:

Table 4. Insurance Type
Field Description

Code

The code of the insurance type

Description

The description of the insurance type

Supported Insurable Entity Types

A list of supported insurable entity types