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Premium Calculation method solution for age based calculation

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Premium Calculation method solution for age based calculation

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Hi Team,


We currently have the premium setup with the calculation method referring to the Compensation Calculation Derived Factor which further is multiplied with a factor.

There is change of requirement where there are rates based on the age band and there is calculation which needs to happen where it should derive the age , derive other benefit details and derive the needful calculation factor and then return the premium value, which cannot be handled with the current setup of Compensation Calculation Derived Factor

Below is an example -

Monthly Salary

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