You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register
Get Started with Redwood for Oracle Cloud HCM   Begin Now

Suspension rule based on Coverage Amount

Summary:

we have a Life Insurance plan with coverage as 3x Annual Salary and if amount exceeds 1377000, the coverage should be suspended till EOI is provided and still then coverage amount should be 1377000.

Content (please ensure you mask any confidential information):

we have a Life Insurance plan with no option and coverage amount as 3x Annual Salary and if amount exceeds 1377000, the coverage should be suspended till EOI is provided and still then coverage amount should be 1377000. I tried with the Interim Rule Fast formula approach but its giving an error on evaluating the life event. Any help on this would be much appreciated. Also, I am open for any alternative approach other than using FF.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!