Schedules on clauses

In the mind map and in Advanced Product Designer App, you can create schedules on clauses (coverages, conditions, and exclusions).

In Advanced Product Designer App, a clause with a schedule has Schedule Clause selected in Element details. Click Schedule > Edit Schedule to view and edit the schedule. You can add scheduled item properties to the schedule.

Schedules capture information about scheduled items. For each scheduled item, each piece of information is a schedule term, such as a name or description. Schedules are often referred to during underwriting and are included in forms.

Some schedule terms are passed to rating and potentially affect the cost of the policy. These terms are often, but not necessarily, Decimal, Monetary Amount, Option, or Package schedule terms.

If a schedule term is modeled in the mind map as a drop-down list with Number, Decimal or Monetary Amount items, then the list becomes an Option drop-down type in the visualized product. If the value contains the slash character (/), it is imported as a Package drop-down type. In the visualized product, you can change the drop-down type to Typelist or another value.

Note: Product model properties are not supported for schedules. For example, rules are not supported in schedules.

View or add schedule in visualized product

After you import a mind map into Advanced Product Designer App, you can view schedules in Product Definition and submissions.

Before you begin

These instructions reference the mind map in Schedules in mind map.

About this task

You can view and add a schedule to a clause (coverage, condition, or exclusion).
For example, a Jewelry Scheduled Item has the following schedule terms:
  • Type – Type of jewelry as Text
  • Description – Description of the piece of jewelry as Text
  • Value – Value of the jewelry as a Monetary Amount
  • Deductible – Drop-down list with $500, $1,000, and $5,000 Monetary Amount choices
In a policy, the Jewelry schedule contains the following information:
Type Description Value Deductible
Pearl necklace Single strand, 16 inches, white pearls $4,500 $500
Diamond engagement ring 3 carats of diamonds in 18 karat white gold $17,000 $5,000
Wedding band 18 karat white gold $7,250 $1,000

Procedure

View or add
  1. View the product in the Details tab of the Product Management screen.
  2. Edit the product to view the Product Definition screen and go to the Clause tab. In this example, the schedule is on the Jewelry coverage, so go to the Coverages tab.
  3. In the clause that has or will have a schedule, click Terms.
    The Clause Terms popup appears. At the bottom of the screen, the Clause Schedule Terms listview displays the schedule terms: Type, Description, Value, and Deductible.
  4. Optionally, click Add to add new schedule terms.
Visualize in a submission
  1. To see the schedule in visualize mode, create a submission with this product and go to the Risk Details screen.
  2. Go to the clause category that contains the schedule. In this example, go to the Valuables tab.
    The Jewelry schedule appears in the Clause Schedule listview. You can add scheduled items to the policy.

Schedule term configuration

Terms on linked clause

Some schedule terms are passed to rating and potentially affect the cost of the policy. In Element details for clause schedule terms, mark these schedule terms as Generate As Clause Term. When you import or create a schedule with Decimal, Monetary Amount, Option, and Package schedule terms, Generate As Clause Term is always selected.

Location and Involved party schedule terms cannot be generated as clause terms.

When you import an APD template that has linked clauses, the linked clause terms of any field type are marked as Generate As Clause Term.

For example, the jewelry schedule has Value monetary amount and Deductible monetary amount option schedule terms provide information that is used to rate the policy. It also has Type and Description text schedule terms.

When Generate As Clause Term is selected, Value and Deductible become clause terms for a linked clause that is generated under the schedule coverable (Jewelry). Type and Description become text properties on the Jewelry coverable.

Generic schedules

Schedules in the visualized product become generic schedules in the installed product.