In this topic, we continue our description of the commands located on the Tables Menu.
A product is a combination of the risk company and the Coverage that a company offers. Within the risk company, a certain coverage may have multiple products, each further defining the type of insurance offered. Since each product can have unique documents, commission rates and terms and conditions, it is common for a user to further sub-classify the product. For example, coverage of directors & officers (DO Liability Insurance) combined with a specific risk company such as Executive Risk, will result in products of:
- For-Profit DO
- Not-For-Profit D&O
- Public D&O
- Private D&O
Coverage Classes
- On the Tables menu, click Product. As an alternative, you can click the Products button on the toolbar.
The Product/Coverage Code Maintenance dialog box is used to add, edit, and delete product records in your AIM system. Coverage classes and products are shown in a grid format.
When you select a product in the upper portion of the dialog box, all the companies associated with the product are displayed in the lower portion.
The Filter pane, located on the bottom left side of the dialog box, is used to filter the contents of the Products pane.
- All – All products are displayed.
- Active – Only active products are displayed.
- Inactive – Only inactive products are displayed.
The table that follows provides an overview of the buttons found on the toolbar in this dialog box.
|
Button |
Function |
|---|---|
|
|
Initiate a product/line of business (LOB) search |
|
|
Open the change log |
|
|
Edit the selected product record |
|
|
Add a new product record |
|
|
Copy the selected product record |
|
|
Close the Product/Coverage Code Maintenance dialog box |
To learn more about adding or changing a product or company, click the appropriate link below.