View Allocations in OIPA
Any insurance policy that allows for the investment of money must have allocations. These allocations determine how money is initially applied to a policy in OIPA and then how the money can move between various investment options. There are several screen in OIPA that display allocation information to the user.
The AllocationScreen business rule controls the display of the default allocation selections as well as the other specific allocation options for the plan. The Policy Allocation screen was introduced with fund enhancements and allocation models.
The Allocation screen can be accessed by clicking the Allocation link in the Left Navigation menu of the Policy screen.
Allocation Link in Left Navigation Menu
Transactions can be processed in OIPA as activities that move money into and out of a policy. When money is moved, allocations drive the money movement. The ActivityResultsScreen business rule determines the display of activity information once the activity has processed. The allocation information that displays for the user is defined within this business rule.
A Quote option allows a user to set allocation and financial details and then process the activity virtually to see how the selections impact the policy. Because this is a virtual process, no information is saved to the database. The QuoteScreen business rule determines whether an activity has Quote functionality. Allocation information is driven by the ActivityResultsScreen business rule in this instance as well.
The VerificationScreen is a separate business rule that is attached to a transaction to enable display of a Verify button on the Activity Detail screen. The Verify button allows users to display a separate Verification screen with custom information. The fields displayed on the Verification screen can be configured to include any field or any math variable that would be available in activity results had the activity been processed. The screen can be configured to display allocation information.
Verify Button in OIPA
