Oracle® Insurance Rules Palette 9.4.0.0 E18894_01
The WriteValuationElements business rule allows for the selection of fields to write to the database after valuation has processed. The rule provides the ability to write valuation data from four categories: Policy, Fund, Deposit and PolicyValues. The Policy, Fund and Deposit sections have a variety of fields available while the PolicyValues section can be used to access and store the value of any PolicyValues math variable.
Note: View the prototype example for additional information about this rule.
The schema of the rule is as follows:
<WriteValuationElements>
<Policy>
<Element>[Element Name]</Element>
</Policy>
<Fund>
<Element>[Element Name]</Element>
</Fund>
<Deposit>
<Element>[Element Name]</Element>
</Deposit>
<PolicyValues>
<Element>[Element Name]</Element>
</PolicyValues>
</WriteValuationElements>
Each of the four elements of the WriteValuationElements business rule, <Policy>, <Fund>, <Deposit>, and <PolicyValues> follows an identical format. Each element can contain multiple <Element> sub-elements. The value of each <Element> sub-element must be the name of a predefined field or a PolicyValues math variable.
The predefined fields that are available for use for <Policy>, <Fund> and <Deposit> are listed below. Each value is populated by the valuation engine each time valuation is executed for the specific policy.
<Policy>
SurrenderValue
NetGain
InterestBonus
MVAAmount
RedemptionAmount
GuaranteedAmount
FreeAmount
<Fund>
SurrenderValue
NetGain
UnitValue
MVAAmount
RedemptionAmount
GuaranteedAmount
FreeAmount
<Deposit>
SurrenderValue
SurrenderRate
NetGain
InterestBonus
MVAAmount
RedemptionAmount
GuaranteedAmount
InitalUnits
InitalCashValue
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