URS_Terrorism Pool Revision Limit And Deductible Flashcards
1
Q
What is the purpose of this CR URS_Terrorism Pool Revision Limit And Deductible?
A
Changes related to terrorism clause wordings to be printed on policy schedules.
2
Q
What are the logics considered in URS_Terrorism Pool Revision Limit And Deductible?
A
1) there are 3 terrorism clause wording formats provided. Which format is to be printed in the policy schedule depends on the product code and in some products like EPP and IAR, whether FLOP cover is included in the policy or not.
2) Effective date logic is applicable for the new wordings. This is driven by policy RSD.
3) Place holder for clause in policy schedule is mentioned with a screenshot. Interesting, only one screenshot is provided though 18 products are included in scope.
