Set the Premium Amount

The Premium Amount tab allows you to configure how premium amounts are calculated for your insurance product, or product items (coverages), by attaching calculation formulas to them. You can also change previous configurations by deleting attached formulas and inserting new ones, if needed.

Based on the Tariff Type, previously chosen in the Tariff Configuration section, on this tab you can either see the Insurance Product Formula grid or the Insurance Product Item Formula grid. Only one formula can be attached to a specified product, or product item at a time.