Claims SetupClaims Setup\Depreciation Ranges

 

The user sets a setup table of the depreciation percentage that will take place at the policy issuance based on vehicle age; this defined percentage will be retrieved automatically at production side once there is a matching case with the vehicle age.

 

 

To add new depreciation ranges, click  and then perform the following steps:

 

  • Period From will be automatically calculated depending on the period to adding 1 year ;
  • Enter the Period To;
  • Enter the Depreciation % of the vehicle based on the vehicle age  ;
  • Once you have finished entering the necessary data,
  • Click upon saving the depreciation range the ID will be automatically set.

 

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