Coverage Record Type

The coverage record type allows you to track what is covered under policies and what coverage is used in claims. It includes information such as type of coverage, individual limit, total limit, and deductible.

The following table shows the fields that you might want to set up in the Oracle CRM On Demand Financial Services Edition for this record type.

Table Coverage Record Type

Field Name Action

Coverage

Add picklist values:

  • Collision

  • Comprehensive

  • Bodily Injury

  • Medical Payment

Coverage Status

Add picklist values:

  • Active

  • Closed

  • Inactive

  • Pending