Advanced Info tab on Underwriting Rule screen

This topic describes advanced settings for underwriting rules. These fields correspond to properties on the UWIssueType object. Some of these fields specify default approval values for approving issues.

Field

Description

Default Approval Blocking Point

Specify the default approval blocking point. This value must be at least one level higher than the Blocking Point, or both must be Non-Blocking. This column has the same values as Blocking Point. For values, see Checking sets and blocking points for underwriting issues.

Corresponds to the UWIssueType.DefaultApprovalBlockingPoint property.

Value Comparator

Specify how to compare the issue value. You can specify:

  • If the value of an issue is within the authority granted to a user
  • If value of an approval is within the authority granted to a user
  • If the value of an issue is within the associated value of the approval

For values, see Business rule: value comparator values.

Corresponds to the UWIssueType.Comparator property.

Default Edit Before Bind

Specify the default value for new approvals. If Yes, the approval remains if the policy is edited before binding. If No, the approval is removed if the policy is edited before binding this job.

Corresponds to the UWIssueType.DefaultEditBeforeBind property.

Auto-approvable

Specify whether this issue is treated as a auto-approvable issue. Auto-approvable issues can be automatically approved if the user has an authority grant that permits an approval at the default level. See Approvals of underwriting issues.

Corresponds to UWIssueType.AutoApprovable property.

Default Value Assignment Type

Specify how to compute a default approval value from the value of the issue. PolicyCenter uses this value if Value Comparator is At least or At most. For values, see Business rule: default value assignment type.

Corresponds to the UWIssueType.DefaultValueAssignmentType property.

Default Value Offset Amount

Positive values produce a default approval value that is somewhat riskier than the issue value.

Use if Default Value Assignment Type is Offset Amount or Offset Percentage. If Default Value Assignment Type is Offset Amount or Offset Percentage, this field is the associated value or percentage to use in the offset calculation.

Corresponds to the UWIssueType.DefaultValueOffsetAmount property.

Value Formatter Type

Define which output formatter formats the value. For values, see Business rule: value formatter type.

Corresponds to the UWIssueType.ValueFormatterType property.

Default Value Offset Currency

Use if Default Value Assignment Type is Offset Amount. This field sets the default currency to use in the offset calculation.

Corresponds to the UWIssueType.DefaultValueOffsetCurrency property.