Covered costs in visualized product

You define covered costs on clauses. The insured recoups covered costs through claims.

To view covered costs in the visualized product, navigate to the Coverages tab, and click Details for a coverage.

On the Definition popup, covered costs are listed under Cost Items Covered. Each covered cost has the following fields:
Field Description
Category Select the name of the covered cost.
Type
Restricted To

Predefined covered costs

There are a number of predefined covered costs that are available to all products. The case-sensitive names are:
  • Age/Disabled Equipment
  • Loss of Earnings
  • Site Clearance
  • Alternate Accommodation
  • Loss of Rent
  • Vehicle Recovery
  • Car Valet
  • Medical
  • Vehicle Repairs
  • Compensation (general)
  • Property Repairs
  • Vehicle Replacement
  • Legal
  • Property Replacement
  • Windscreen
  • Locks and Keys
  • Rental Vehicle

    • Adding new covered costs

    If you import a new covered cost from a mind map, the covered cost is added to PolicyCenter.

    The predefined covered costs are listed in the APD_ClaimCostCategory system table. These covered costs are accessible to all products. You can directly add or remove values from this system table in Studio.