Rate modules / trade-offs

Calculating a logical premium is not always insightful. Sometimes acceptors are also forced to charge a fixed amount. Something like the State Lottery does. Team RealXS has standardised a number of useful modules in its software.

This allows you to base premium rates on modules:

• Per litre

• Per 1000 (pro mille)

• Per cent (%)

• Per weight (kg/tonne)

• Per person/animal

• Per m2

• Per floor

• Per unit

• Per policy

• Per day

• Per metre

• Per kilometre/mile

• Per cargo/load

• Per building

• Per wheel

These modules may differ for each section of the insurance package.