Add a cost in Advanced Product Designer

Add a cost on the Advanced Product Designer Billing screen to define cost code, charge type, and charge breakdown behavior for coverages or other costs. This task supports product line and risk object billing configuration.

About this task

You can indicate whether a cost is a Separate Charge or a Separate Breakdown at the coverage level or at the risk object level.

You can add a cost on a coverage at either the product line or the risk object level. You must provide the following information:
  • Cost code
  • Charge type
  • Separate charge
  • Separate breakdown

You can add a cost on the product line or on a risk object that is not associated with a particular coverage, such as a fee or a tax.

Procedure

  1. Click Expand all to display the coverages on the product line and on the risk objects.
  2. Locate the coverage for which you want to add a cost and click Add Cost.
  3. Select a Cost Code and Charge Type, and indicate whether the cost is a Separate Charge or a Separate Breakdown.
  4. To add other costs for the product line or for a risk object, locate Other Costs and click Add Cost.