Commercial package product model
Various features of the commercial package policy are defined in the product model.
The product model is the PolicyCenter feature that identifies the different types of policies, or products, that a given instance of PolicyCenter offers. For each product, the product model details all of the choices around what can be covered. You can think of the product model as a product configuration.
In Product Designer, the following items in the Product Model are related to commercial package policy:
Page |
Item |
|---|---|
Products |
Commercial Package |
Policy Lines |
Commercial Property Line General Liability Line Inland Marine |
Question Sets |
CPP Offering GL PreQualification IM Contractors Equipment Questions |
The commercial package policy is a multi-line product that is defined in the product model in Product Designer. Navigate to and open Commercial Package.
On the Commercial Package page, Offering Required is set to true. This setting means that you must select an offering on the Offerings screen in PolicyCenter. In Product Designer, you define commercial package offerings on the Offerings tab.
In Product Designer, you select the policy lines for this product on the Policy Lines page. The policy lines in this product are Commercial Property Line, General Liability Line, and Inland Marine Line.
In Product Designer, you include questions sets for each line on the Question Sets page. Also included are offering questions that are related to the commercial package product and are not specific to any particular policy line.
In Product Designer, you define product level modifiers on the Modifiers page. You can specify rate factors which can increase or decrease the premium for the policy.
Commercial package forms
There are policy forms associated with the commercial package product. In PolicyCenter, navigate to . For more information about product forms, see Policy forms.