Policy Basics

A policy consists of five basic building blocks, which are listed below.

Some products also require Allocations to be identified. Allocations define how the money invested into the policy should be allocated.

A requirement is an additional feature that can be attached to an activity in order to control when the activity processes. Requirements are optional and give the user additional control over activity processing. Requirements are configured in the Rules Palette, but can be managed in OIPA from the Activity screen.

Building Block Definitions

Copyright © 2017, Oracle and/or its affiliates. All rights reserved. About Oracle Insurance | Contact Us