Marine Pleasure Craft - Overview¶
Product Code¶
- 3040 - Marine Pleasure Craft
Product Description¶
From Premia: "Marine Pleasure Craft"
Product Class: 32 (Marine)
Available Coverages¶
Based on actual Premia configuration (PGIM_PROD_APPL_COVER), the following coverages are available for this product:
Main Coverages¶
304001 - Hull - Physical damage coverage for the vessel - Used in 105 out of 83 policies
304004 - Third Party Liablity - Third party liability coverage - Used in 108 out of 83 policies (most common)
Optional Coverages¶
304002 - Boat Trailer - Coverage for boat trailer - Used in 51 out of 83 policies
304003 - Personal Effects - Personal belongings on vessel - Used in 53 out of 83 policies
Loading/Discount Codes¶
2001 - Loading - Premium loading adjustment - Used in 47 policies total
1001 - General Discount - General discount code - Used in 15 policies total
1002 - Fixed Discount - Fixed discount code - Used in 12 policies total
Coverage Configuration¶
All coverages are OPTIONAL - None are configured as mandatory in the Premia product setup.
Next Steps¶
- Quote Requirements - Information needed to create quotes
- Premium Calculation - How premiums are calculated
- Endorsements - Policy modifications
- Commission - Broker commission rates
Premia Field Mappings¶
Policy Level¶
Table: PGIT_POLICY
- POL_PROD_CODE: '3040'
- POL_SI_LC_1: Sum Insured
- POL_PREM_LC_1: Premium Amount
- POL_FM_DT: Policy From Date
- POL_TO_DT: Policy To Date
Coverage Level¶
Table: PGIT_POL_RISK_COVER
- PRC_CODE: Coverage code (304001, 304004, etc.)
- PRC_DESC: Coverage description
- PRC_SI_LC_1: Coverage sum insured
- PRC_PREM_LC_1: Coverage premium
Product Configuration¶
Table: PGIM_PROD_APPL_COVER
- PCVR_PROD_CODE: '3040'
- PCVR_CVR_CODE: Coverage code
- PCVR_DESC: Coverage description
- PCVR_MAND_YN: Mandatory flag (all are 'N' for this product)
- PCVR_BASIC_YN: Basic coverage flag
Note: This documentation is based on actual data extracted from Premia UAT database. Business rules, underwriting criteria, and rating structures not documented here should be confirmed with underwriting team or extracted from additional Premia configuration tables.