Insurance Product Types

An Insurance Product Type - for example Health Insurance, Property Insurance, Travel Insurance, or Pet Insurance, helps you classify the insurance products you create. The Insurance Product Factory allows you to define Product Types independently, so that they can be used in conjunction with multiple Insurance Products. From the business perspective, Product Types help you sort out product records faster, and also make it easier to gather data for reporting & analysis.

NOTE  
In order to create a Product, you must indicate a Product Type! Either select one from the list of existing product types or insert a new one, when configuring the product.

Insurance Product Types View

In Innovation Studio, in the Insurance Product Types section, you have an overview of all the types registered in your system - your nomenclature of Insurance Product Types. This is an all-inclusive view; yet, you can also use the Search by option (in the list header) in order to find a certain record.

Below, you can see an example of an Insurance Product Types List:

Insurance Product Types List

Follow these steps to view your Insurance Product Types:

  1. In Innovation Studio, at the top left corner of your screen, click the main menu icon to open the main dropdown list.

  2. From this main list, click Insurance Product Factory. A second panel opens, to the left.

  3. Next, click Insurance Product Types to go to the Insurance Product Types List.

On the Insurance Product Types List page:

  • To inspect a record from the grid, double-click it.

  • To add a new record, click Insert, at the top right corner of the page.

  • To edit a record from the grid, double-click it and make your updates. Next, click Save and close.

  • To delete a record from the grid, select it and click Delete, at the top right corner of the page.

HINT  
You can export one or more records by pressing Export, at the top right corner of your screen.

Insurance Product Type Insert Form

The following fields are available for configuring an Insurance Product Type:

Insurance Product Types Operations

The Insurance Product Type functionality allows for the following operations: