Add modifier pattern with rate factors to the policy line

About this task

Now that you have defined rate factors for the new line of business, you can use Product Designer to add a modifier pattern with rate factors to the policy line.

Procedure

  1. If you have not already done so, use Product Designer to add a policy line as described in Create the policy line. Log out and log in to Product Designer to reload the latest product model configuration from the specified workspace.
  2. In the Policy Line home page, under Go to, click Modifiers.
  3. Click Add to add a new modifier. In the Add Modifier dialog box, enter a code and name, and select a modifier type. Set the Data Type to rate and select the Schedule Rate check box, and then click OK.
  4. On the new modifier’s home page, under Go to, click the Rate Factors link.
  5. Click Add and add a rate factor.