The table below describes the fields used to define a policy tier. In addition to these values, the following rules apply:
- You should not define more than one SIR or Uninsured Tier per Policy Year.
- Tiers appear in the following order: SIR, Excess then Uninsured
- Multiple Excess Tiers are alphabetically arranged.
- Tiers (and their associated policies) can be dragged and dropped within and between Policy Years.
|
Field |
Req’d |
Description |
|---|---|---|
|
Name |
Y |
The title of the tier. This field, combined with the Description, is displayed in the tree to the left and to the user when assigning insurance to the claim. |
|
Description |
N |
More details about the tier. This field, combined with the Tier Name, is displayed in the tree to the left and to the user when assigning insurance to the claim. |
|
Tier Type |
Y |
The type of tier: SIR (self insurance retention) Excess – insurance covered by captive or other carriers. Uninsured – used to display the uninsured excess from previous years in a tower. |
|
Level |
N |
This field is automatically computed. |
|
Tier Height ($M) |
Y |
The dollar amount, in millions, for the tier. This value is based on the sum of the aggregate limits of all policies within the highlighted tier. |
|
Tier Width ($M) |
N |
This field is automatically computed. |
|
Lower Bound ($M) |
N |
This field is automatically computed. |
|
Upper Bound ($M) |
N |
This field is automatically computed. |
|
User 1, 2, 3 and 4 |
N |
These fields are used for legacy systems. |
|
Notes |
N |
Additional details about the policy tier. |