In BriteLines, once you add an item to a risk type, you can add a limit to its coverage calculations.
To add a limit to an item:
- In the BriteCore menu, select Lines.
- In the Lines of Business list, select the applicable line of business.
- On the Line Overview screen, in the Products menu, navigate to and select the applicable product.
- On the Product Overview screen, in the Risk Types section, select the applicable risk type.
- In the Items section, in the Items list, navigate to and select the item you want to add a limit to.
- On the Edit Item screen, under Coverage calculations, select Add Limit.
- In the Create Limit dialog box, complete the following steps:
- In the Label box, type the label of the limit.
Note: The limit Reference Name will automatically populate based on the Label, but you can change it if you want.
- In the Reference Name box, type the reference name of the limit.
- Under Type, select either Per Occurrence Limit, Per Risk Limit, or Policy Aggregate Limit.
- Select Create Limit.
- In the Label box, type the label of the limit.
- Under Limits, in the Calculation box, type a calculation.
- Select anywhere outside of the Calculation box to save the calculation.
- Select Save Changes.
You have successfully added a limit.