Setup Minimum Requirements | Setup Minimum Requirement Sets | Managing Options
In COI Track, you can setup and establish your minimum insurance requirements so you are able to validate that certificates entered meet the requirements.
Setup Minimum Requirements
- Select Applications from the platform navigation bar
- Select COI Track
- Click the Setup icon
- Select either Liability or Property Minimum Requirements based on the type of requirements you would like to setup
- Select the Line of Insurance from the drop-down menu
- Click the New button in the upper-right
- Enter in a Name for the minimum requirement
- In the Insurance Type section, check the boxes next to any required fields
- If applicable, check the criteria by which your aggregates are calculated in the General Aggregate Limit section
- In the Policy Information section, check the boxes next to any required fields
- In the Limits section, enter in the required limits
- Select Unlimited to indicate that there should be no ceiling for the selected limit
- Click the Edit icon to specify a non-standard limit type
- Click Save & Close
- For the Other line of insurance, track any non-standard lines of coverage. Enter the type of insurance in the Other field and fill in the Limits
- Click on the Edit icon to enter a custom name for each limit type
- For Options & Exclusions, check the boxes next to the options that you require
- If you do not see your option, click Edit Options
- Click the New button to add your own option
- Enter in the option in the Option Name field
- Click Save
- Click Done to return to the minimum options window
- Proceed with checking the boxes next to the options you require
- Click Save & Close when finished
Setup Minimum Requirement Sets
- Select Applications from the platform navigation bar
- Select COI Track
- Click the Setup icon
- Select Minimum Requirement Sets
- Select the Type from the drop-down menu
- Click the New button in the upper-right
- Enter in the Default set name
- Select the defaults you would like to add to the default set from the drop-down menus for the applicable lines of coverage
- Click Save & Close
Managing Options
- Select Applications from the platform navigation bar
- Select COI Track
- Click the Setup icon
- Select Options
- To add new options, click the New button in the upper-right
- Enter in the Option Name
- Click Save & Close
- To archive options, check the box next to the option(s) you would like to archive, and click Archive in the upper-right