Limits Deduct

In this topic, we continue our discussion configuring the Product table located on the Tables Menu.

The Limits/Deduct tab in Product/Coverage Code Maintenance is used to enter limits and deductibles that will appear in the Submission Entry - Quote Detail - Pg. 2 dialog box in AIM when the product is selected.

  1. Under the Limits heading, enter the information that will define the limits for the coverage under the product.
    1. Limit – dollar amount of limit
    2. Coverage – description of coverage
  2. Under the Deductible heading, enter the deductible that should be applied to the product.
    1. Deductible – dollar amount of deductible
    2. Applies to – frequency of application or to what the deductible applies

You can click in the Coverage or Applies to boxes to select values from a list. The list is populated from the ACORD Coverage Limits and ACORD Coverage Deductibles tables in ACORD Mapping.

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