Location risk object in visualized product

A location risk object is a special type of risk object that is a location. In PolicyCenter, location risk objects automatically include a location field that cannot be removed. An example of a location risk object is the home in a homeowners policy.

When viewing the location risk object on Product Definition screens, the Details tab on the Risk Object Definition popup includes a Location/Jurisdiction field. For a location risk object, this field is set to Risk includes location reference by default. The other values in the drop-down list for this field are: Risk is at parent's location and Risk includes location reference.

On the Fields tab, a location is created by default. The Label is the Name of risk object appended with Address. The Type is Location and cannot be changed. The location cannot be removed.

In a submission or other policy transaction, you can add locations on the Risk Objects tab.