Risk Object Definition popup
You can access risk objects from the Children tab on the Product Definition screen. The Risk Object Definition screen has its own Children tab if the risk object can contain child risk objects.
The table on the Children tab lists the names of the risk objects defined for this product or risk object. Click the Name of the risk object to modify its properties on the Risk Object Definition popup. This popup has Details, Fields, Exposures, Coverages, Exclusions, and Conditions, and Children tabs.
| Field | Description |
|---|---|
| Name | Name of the risk object. |
| Description (*PD) |
Description of the field. This field is required for product generation and displays if Product Design Mode is Developer. |
| Number Name | Whether the risks are numbered. |
| Type of Risk Object | Select one of the risk types. This field is for your information only. It has no effect on the product definition. |
| Location/Jurisdiction | Specify the relationship between the risk object and the location or jurisdiction. |
| Has Child Risks | If Yes, specify a user interface label that groups the risks in a policy in Children’s UI Label. The Children’s UI Label is only used in submissions and other policy transactions in the visualized product. It is not used in the generated product. |
| Multiple Exposures for Name Risk | Specify whether this risk object has exposures. If Yes, specify a user interface label that groups the exposures in a policy in Exposure’s UI Label. The Exposure’s UI Label is only used in submissions and other policy transactions in the visualized product. It is not used in the generated product. |
| Menu Label for Generated UI (*PD) | The label that appears in the user interface in the generated product. It appears as the label in the job wizard and policy file step. It does not appear in the visualized product. |
Risk object Fields
On the Fields tab, enter metadata for all fields on the risk object.
| Field | Description |
|---|---|
| Label | Label that appears in the user interface. |
| Type | Specify the type. If drop-down list, you can define the list. |
| Identifier |
The identifier helps to identify one risk object from another in a list of
risk objects. The Risk Details screen in a policy transaction lists the
risks on the policy. In the list of risk objects (Risk Name), the
identifier appears after name of the risk object. For example, on Pet risk objects, the Pet
Name text field is the identifier. In a policy with pets named Fido and Peony, Risk
Name shows the two risks:
Identifier fields directly on a policy line do not appear in a policy transaction. |
| Field Usage | Specify whether a product attribute is derived, hidden, unavailable, or user entered by default. You can also specify conditional exceptions that change usage and availability for special circumstances. |
| Default Value | Default value for the field. |
| Minimum Value | Minimum value for the field. |
| Maximum Value | Maximum value for the field. |
| Tags | Add a tag to a product attribute to mark it for special processing or handling in the generated product or external applications. |
| Split By Rating Periods | This field can have split rating periods. Split rating periods create separate rating periods for dates selected by the user. |
| Scalable | Whether to use basis-scalable rating. When selected, the basis is scaled automatically before and after the split date. You can also manually scale the basis by editing the field values. This field is enabled if you select Split By Rating Periods, and Type is Number, Decimal (14,2), or Monetary amount. |
| Category |
This field is not used. Do not enter a value. |
| Description (*PD) |
Description of the field. This field is required for product generation and displays if Product Design Mode is Developer. |
| Short Name (*PD) |
This field is required for product generation and displays if Product Design Mode is Developer. Unique name that identifies the field in the generated product. This name must be unique in the product line. |
| Ordering |
The order of the items in the user interface, from first to last. |