Definicja contract business object

Co znaczy CONTRACT BUSINESS OBJECT:

Primarily documents the fact that a sales product, and the more detailed products that it contains, has been purchased by a partner in the policyholder role. The contract object is structured hierarchically in various contract element levels.

The most important contract element levels are:

Policy Contract Coverage bundle Coverage

The change is realized by business transactions in application processing. Application processing produces the necessary transparency and traceability for the processing steps, using application journals, for online processes and for periodic processing for the in-force business.