Product Setup
Introduction to Product Behavior
Product Behavior is a comprehensive term that encapsulates the key aspects of how the insurance product is structured and deployed within the platform. The ley elements include:
Product Setup
Product Options
Inspector Settings
Rate Setup
Endorsements, subjectivities and clauses
Renewal behaviour
Payment options
By configuring these elements, businesses can create a product that behaves precisely in alignment with their operational requirements.
While there are many options, there are default settings and setups that can be deployed that will, in most cases, satisfy 95% of the required configuration.
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