Oracle® Insurance Policy Administration 9.1.0.0.0 E15811-01

# Coverage Calculation

Coverage Calculation is the first activity that must be processed on a term policy. It will only process if you have already added the base coverage segment to the policy.

To add this activity, open the term policy you are working with and select Add Activity from the secondary menu.

Select Coverage Calculation from the activity drop down box. Then enter the effective date and select OK. The activity will be listed on the Activity screen with a lightning bolt icon next to it. When you click the lightning bolt icon the activity will process.