Oracle® Insurance Rules Palette
OIPA users now have the option to employ several new allocation methods.
The policy must belong to a plan with the Plan Allocation Method set to “Model Supported.”
The following business rules and transactions were configured in the Model Prototype Plan, located within the Prototype Company, to demonstrate this new functionality.
PolicyAllocationScreen: This business rule controls the allocation methods available to a policy. To view the prototype configuration, navigate in the Main Explorer to Companies | Prototype Company | Plans | Model Prototype Plan | Plan Rules | PolicyAllocationScreen and click on the XML Source pane. The key configuration for this business rule is explained below.
The list of available funds--configured within the <Funds> element--is configured to make only funds that have a fund value on the policy available for selection.
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