Create a coverage specification

Create a coverage specification in the Insurance claims application so that you can outline the scope and limits of the protection that is provided by an insurance policy.

Before you begin

Role required: admin

About this task

When creating the coverage specification, you also create the coverage types that act as the primary data for the coverage specification and the coverage type options for each coverage type.

For example, if the coverage specification is travel coverage, then you can select the following options:

• A coverage type may be Baggage delay.
• The coverage type options may be (in U.S. dollars) $200 (24 hours), $300 (12 hours), or $500 (12 hours).

Procedure

1. Navigate to All > Financial Services Operations > Coverages > Coverage specifications.
2. Select New.
3. On the form, fill in the fields.

   Table 1. Coverage specification form

   Field	Description
   Name	Name of the coverage specification.
   Description	Brief description of the coverage specification.

4. Save the record.
5. Navigate to All > Financial Services Operations > Coverages > Coverage types.
6. Select New.
7. Enter the following field values.

   Table 2. Coverage type value

   Field	Value
   Name	<name of the coverage type>
   Input type	Choice
   Type	Limit
   Scope	Policy
   Description	<brief description of the coverage type>

8. Select Save.
9. In the Coverage Type Options related list, select New.
10. On the form, fill in the fields.

    Table 3. Coverage type option form

    Field	Description
    Option	Name of the coverage type option. For example, the option could be $200 (24 hours), $300 (12 hours), or $500 (12 hours).
    Coverage type	Coverage type that you created earlier.
    Order	Order in which this option is displayed for the coverage type.

11. Repeat steps 9 and 10 for each coverage type option that is available.

What to do next

Link the coverage types and coverage type options to the coverage specification that you created. For more information, see Link the coverage types and coverage options to a coverage specification.