Automatically drop coverage if the coverage exceeds the limit.
Hello -
We would like to the system to automatically drop basic life insurance coverage or supplemental life insurance coverage with a combination of the employees' benefit balance, basic life inusrance and supplemental life insurance exceeds $750k.
Example - Employee A has a benefit balance of $300k, basic life insurance of $300k and supplemental life insurance of $300 for a total benefit of $900k. $900k is over the $750k maximum coverage; the system should automatically reduce either basic life or supplemental life insurance to $750k.
Is it possible to configure this senario in OAB Rup 5?
Thanks,